Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. MEI Pharma Inc’s current trading price is -55.35% away from its 52-week high, while its distance from the 52-week low is 18.20%. The stock’s price range over this period has fluctuated between $2.61 and $6.91. The company, operating within the financial sector, had a trading volume of approximately 0.55 million for the day, which was noticeably higher than the average daily share volume of 33940.0 over the last 3 months.
MEI Pharma Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $6.91 on 11/15/23, while the lowest value for the same period was recorded at $2.61 on 10/09/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MEI Pharma Inc (MEIP) has experienced a quarterly decline of -9.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.55M and boasts a workforce of 28 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.01, with a change in price of +0.20. Similarly, MEI Pharma Inc recorded 85,003 in trading volume during the last 100 days, posting a change of +7.12%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MEIP stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
MEIP Stock Stochastic Average
Today, MEI Pharma Inc’s raw stochastic average for the past 50 days stands at 65.62%, indicating a decline from the raw stochastic average of the last 20 days, which was 78.77%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 54.42% and 43.71% respectively.
MEIP 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. The index has shown a price loss of -46.81% this year. Over the last six months, there has been a weaker performance of 0.16%. The price of MEIP fallen by 6.38% during the last 30 days period. For the last 5-days stocks have improved 12.59%.
