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. Chromadex Corp’s current trading price is 11.83% away from its 52-week high, while its distance from the 52-week low is 306.22%. The stock’s price range during this period has varied between $1.28 and $4.65. The company, active in the Consumer Defensive sector, saw a trading volume of around 22.36 million for the day, considerably higher average daily volume of 0.27 million observed over the last three months.
Chromadex Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $4.65 on 11/01/24, while the lowest price during the same period was $1.28 on 12/13/23.
How Financial Performance Impacts Market Capitalization
Chromadex Corp (CDXC) has experienced a quarterly rise of 93.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 394.86M and boasts a workforce of 106 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 3.20, with a change in price of +2.06. Similarly, Chromadex Corp recorded 543,048 in trading volume during the last 100 days, posting a change of +67.01%.
How CDXC’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 CDXC stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.07.
CDXC Stock Stochastic Average
As of today, the raw stochastic average of Chromadex Corp over the last 50 days is at 85.17%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 84.66%. Further, the company’s Stochastic %K and %D values for the last 20 days were 70.48% and 72.70%, respectively.
CDXC Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 263.64%. However, over the past six months, we’ve seen a weaker performance of 37.57%. The price of CDXC fallen by 49.86% over the last 30 days. And in the last five days, it has surged by 49.86%.
