The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -39.87%. However, over the past six months, we’ve seen a stronger performance of 0.00%. The price of FBIO leaped by -5.73% over the last 30 days. And in the last five days, it has surged by 14.56%.
The market performance of Fortress Biotech Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $4.43 on 12/28/23, while the lowest value for the same duration was $1.24 on 11/10/23.
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52-week price history of FBIO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Fortress Biotech Inc’s current trading price is -59.14% away from its 52-week high, while its distance from the 52-week low is 45.97%. The stock’s price range during this period has varied between$1.24 and $4.43. The Fortress Biotech Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.68 million for the day, a figure considerably higher than their average daily volume of 0.49 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fortress Biotech Inc (FBIO) has experienced a quarterly decline of -15.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 49.88M and boasts a workforce of 186 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.8478, with a change in price of -0.0600. Similarly, Fortress Biotech Inc recorded 388,866 in trading volume during the last 100 days, posting a change of -3.21%.
FBIO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for FBIO stands at 4.95. Similarly, the long-term debt-to-equity ratio is also 4.64.
FBIO Stock Stochastic Average
As of today, Fortress Biotech Inc’s raw stochastic average for the last 50 days stands at 56.53%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 91.92%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 68.81% and 56.59%, respectively.
