The market performance of QuidelOrtho Corporation has been somewhat unstable. Over the past year, the company’s stock achieved a high of $75.86 on 12/27/23, with the lowest value for the same timeframe being $29.74, recorded on 07/10/24.
52-week price history of QDEL Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. QuidelOrtho Corporation’s current trading price is -50.91% away from its 52-week high, while its distance from the 52-week low is 25.22%. The stock’s price range for this period has remained between $29.74 and $75.86. The Healthcare sector company’s shares managed to surpass a trading volume of around 2.06 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.68 million over the last three months.
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Financial Performance and Market Capitalization
QuidelOrtho Corporation (QDEL) has experienced a quarterly decline of -14.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.50B and boasts a workforce of 7100 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 40.49, with a change in price of +5.25. Similarly, QuidelOrtho Corporation recorded 959,437 in trading volume during the last 100 days, posting a change of +16.61%.
QDEL Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for QDEL stands at 0.86. Similarly, the long-term debt-to-equity ratio is also 0.74.
QDEL Stock Stochastic Average
As of today, the raw stochastic average of QuidelOrtho Corporation over the past 50 days is 10.69%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 12.36%. Additionally, the Stochastic %K and %D values for the company were 19.41% and 15.90%, respectively, over the past 20 days.
QDEL Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. This year’s metric has recorded a Price decrease of -49.48%. However, over the past six months, we’ve seen a stronger performance of -12.60%. The price of QDEL leaped by -6.09% over the last 30 days. And in the last five days, it has fallen by -6.96%.
