Penumbra Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $277.34 on 02/16/24, while the lowest price for the same duration was marked at $148.00 on 07/31/24.
52-week price history of PEN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Penumbra Inc’s current trading price is -17.48% away from its 52-week high, while its distance from the 52-week low is 54.64%. The stock’s price range during the 52-week period has remained between $148.00 and $277.34. In the Healthcare sector, the company’s shares saw a trading volume of around 0.92 million for the day, which was evidently higher than the average daily volume of 0.44 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Penumbra Inc (PEN) has experienced a quarterly rise of 30.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.89B and boasts a workforce of 4200 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 191.18, with a change in price of +40.81. Similarly, Penumbra Inc recorded 427,715 in trading volume during the last 100 days, posting a change of +21.70%.
Examining PEN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PEN stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.18.
PEN Stock Stochastic Average
As of today, Penumbra Inc’s raw stochastic average for the last 50 days stands at 95.91%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 95.38%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 81.50% and 74.27%, respectively.
PEN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -9.01% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 11.07%. Over the past 30 days, the price of PEN has fallen by 18.57%. And in the last five days, it has surged by 10.81%.
