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 gain of 21.80%.However, over the last six months, we can see a weaker performance of 11.34%. Over the last 30 days, the price of ABBV has leaped by -2.62%. And in the last five days, it has fallen by -1.62%.
Abbvie Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $199.95 on 09/03/24, while the lowest price for the same period was registered at $135.85 on 11/09/23.
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52-week price history of ABBV Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Abbvie Inc’s current trading price is -5.60% away from its 52-week high, while its distance from the 52-week low is 38.95%. The stock’s price range during this period has varied between$135.85 and $199.95. The Abbvie Inc’s shares, which operate in the Healthcare, saw a trading volume of around 3.94 million for the day, a figure considerably lower than their average daily volume of 4.74 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Abbvie Inc (ABBV) has experienced a quarterly rise of 7.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 333.41B and boasts a workforce of 50000 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 183.94, with a change in price of +32.45. Similarly, Abbvie Inc recorded 5,088,356 in trading volume during the last 100 days, posting a change of +20.76%.
ABBV’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 ABBV stands at 10.42. Similarly, the long-term debt-to-equity ratio is also 8.56.
ABBV Stock Stochastic Average
Abbvie Inc’s raw stochastic average for the past 50 days is presently 20.41%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 21.94%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.12% and 7.80%, respectively.
