Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Dexcom Inc’s current trading price is -48.91% away from its 52-week high, while its distance from the 52-week low is 16.38%. The stock’s price range during this period has varied between $62.34 and $142.00. The company, active in the Healthcare sector, saw a trading volume of around 1.25 million for the day, considerably lower average daily volume of 5.88 million observed over the last three months.
Dexcom Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $142.00 on 03/26/24, and the lowest price during the same period was recorded at $62.34 on 07/26/24.
How Financial Performance Impacts Market Capitalization
Dexcom Inc (DXCM) has experienced a quarterly decline of -32.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 29.07B and boasts a workforce of 9600 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 86.25, with a change in price of -46.26. Similarly, Dexcom Inc recorded 4,755,163 in trading volume during the last 100 days, posting a change of -38.95%.
How DXCM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DXCM stands at 1.07. Similarly, the long-term debt-to-equity ratio is also 1.06.
DXCM Stock Stochastic Average
As of today, the raw stochastic average of Dexcom Inc over the past 50 days is 59.57%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 85.83%. Additionally, the Stochastic %K and %D values for the company were 88.30% and 88.60%, respectively, over the past 20 days.
DXCM Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -41.53%.However, over the last six months, we can see a stronger performance of -47.38%. Over the last 30 days, the price of DXCM has fallen by 5.67%. And in the last five days, it has surged by 3.79%.