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Pacific Biosciences of California Inc’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

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Pacific Biosciences of California Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $10.65 on 12/27/23, while the lowest value for the same period was recorded at $1.16 on 07/02/24.

52-week price history of PACB Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Pacific Biosciences of California Inc’s current trading price is -80.75% away from its 52-week high, while its distance from the 52-week low is 76.72%. The stock’s price range during this period has spanned from $1.16 to $10.65. In the Healthcare sector, the Pacific Biosciences of California Inc’s shares surpassed a trading volume of approximately 10.74 million for the day, which was noticeably higher compared to the average daily volume of 9.9.22 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Pacific Biosciences of California Inc (PACB) has experienced a quarterly decline of -5.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 558.69M and boasts a workforce of 796 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6800, with a change in price of +0.2200. Similarly, Pacific Biosciences of California Inc recorded 8,802,798 in trading volume during the last 100 days, posting a change of +12.02%.

Examining PACB’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PACB stands at 1.88. Similarly, the long-term debt-to-equity ratio is also 1.85.

PACB Stock Stochastic Average

Today’s raw stochastic average for Pacific Biosciences of California Inc over the last 50 days is 89.66%.This indicates a increase from the raw stochastic average of the past 20 days, which was 87.59%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 61.38% and 37.46%, respectively.

PACB Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -79.10%.However, over the last six months, we can see a stronger performance of -27.69%. Over the last 30 days, the price of PACB has fallen by 13.26%. And in the last five days, it has surged by 20.59%.

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