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. Beam Therapeutics Inc’s current trading price is -50.99% away from its 52-week high, while its distance from the 52-week low is 16.41%. The stock’s price range during this period has varied between $20.84 and $49.50. The company, active in the Healthcare sector, saw a trading volume of around 0.66 million for the day, considerably lower average daily volume of 0.91 million observed over the last three months.
Beam Therapeutics Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $49.50 on 02/27/24, while the lowest price during the same period was $20.84 on 04/25/24.
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How Financial Performance Impacts Market Capitalization
Beam Therapeutics Inc (BEAM) has experienced a quarterly decline of -2.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.01B and boasts a workforce of 436 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 25.27, with a change in price of -0.98. Similarly, Beam Therapeutics Inc recorded 1,039,637 in trading volume during the last 100 days, posting a change of -3.93%.
How BEAM’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 BEAM stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.19.
BEAM Stock Stochastic Average
As of today, the raw stochastic average of Beam Therapeutics Inc over the last 50 days is at 24.47%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 24.47%. Further, the company’s Stochastic %K and %D values for the last 20 days were 42.64% and 54.78%, respectively.
BEAM 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 decrease of -10.87%. However, over the past six months, we’ve seen a stronger performance of -1.46%. The price of BEAM leaped by -0.37% over the last 30 days. And in the last five days, it has fallen by -10.35%.
