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Black Diamond Therapeutics Inc (BDTX) Stock: Navigating a Year of Stock Volatility

Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Black Diamond Therapeutics Inc’s current trading price is -55.09% away from its 52-week high, while its distance from the 52-week low is 112.35%. The stock’s price range over this period has fluctuated between $1.62 and $7.66. The company, operating within the financial sector, had a trading volume of approximately 1.3 million for the day, which was noticeably higher than the average daily share volume of 1.12 million over the last 3 months.

Black Diamond Therapeutics Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $7.66 on 05/06/24 and the lowest value was $1.62 on 11/10/23.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Black Diamond Therapeutics Inc (BDTX) has experienced a quarterly decline of -39.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 194.36M and boasts a workforce of 54 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.19, with a change in price of -1.43. Similarly, Black Diamond Therapeutics Inc recorded 1,003,664 in trading volume during the last 100 days, posting a change of -29.36%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for BDTX stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.18.

BDTX Stock Stochastic Average

Today, Black Diamond Therapeutics Inc’s raw stochastic average for the past 50 days stands at 2.93%, indicating a decline from the raw stochastic average of the last 20 days, which was 3.46%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 5.96% and 7.49% respectively.

BDTX Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 22.42% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -38.24%. Over the past 30 days, the price of BDTX has leaped by -43.84%. And in the last five days, it has fallen by -6.01%.

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