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. Delcath Systems Inc’s current trading price is -22.67% away from its 52-week high, while its distance from the 52-week low is 342.67%. The stock’s price range during this period has varied between $2.25 and $12.88. The company, active in the Healthcare sector, saw a trading volume of around 0.76 million for the day, considerably higher average daily volume of 0.32 million observed over the last three months.
Delcath Systems Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $12.88 on 11/08/24, and the lowest price during the same period was recorded at $2.25 on 11/14/23.
How Financial Performance Impacts Market Capitalization
Delcath Systems Inc (DCTH) has experienced a quarterly rise of 34.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 281.95M and boasts a workforce of 76 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 9.03, with a change in price of +1.83. Similarly, Delcath Systems Inc recorded 297,222 in trading volume during the last 100 days, posting a change of +22.51%.
How DCTH’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 DCTH stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.11.
DCTH Stock Stochastic Average
As of today, the raw stochastic average of Delcath Systems Inc over the past 50 days is 39.17%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 28.95%. Additionally, the Stochastic %K and %D values for the company were 56.07% and 69.49%, respectively, over the past 20 days.
DCTH 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 gain of 139.42%.However, over the last six months, we can see a weaker performance of 84.44%. Over the last 30 days, the price of DCTH has fallen by 19.64%. And in the last five days, it has fallen by -7.52%.
