The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Until today this year the stock’s price performance recorded a decrease of -81.60%. However, over the last six months, the performance has been weaker by 12.81%. The price of PACB increased 3.14% over the last 30 days. And in the last five days, it has fallen by -1.90%.
The stock market performance of Pacific Biosciences of California Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $10.65 on 12/27/23, while the lowest price during the same time frame was $1.16, recorded on 07/02/24.
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52-week price history of PACB Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Pacific Biosciences of California Inc’s current trading price is -83.05% away from its 52-week high, while its distance from the 52-week low is 55.60%. The stock’s price range for this period has been between $1.16 and $10.65. The Healthcare sector company’s shares saw a trading volume of about 2.07 million for the day, which was lower than the average daily volume of 8.17 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Pacific Biosciences of California Inc (PACB) has experienced a quarterly decline of -11.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 491.92M and boasts a workforce of 796 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6770, with a change in price of -0.2150. Similarly, Pacific Biosciences of California Inc recorded 8,501,440 in trading volume during the last 100 days, posting a change of -10.54%.
PACB’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
As of today, the raw stochastic average of Pacific Biosciences of California Inc over the last 50 days is at 62.36%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 55.03%. Further, the company’s Stochastic %K and %D values for the last 20 days were 47.87% and 46.09%, respectively.