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Charting the Course: Varex Imaging Corp’s VREX Stock Prospects

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The stock market performance of Varex Imaging Corp has been fairly unsteady. Over the last year, the company’s stock hit its highest at $21.50 on 12/15/23, while the lowest price during the same time frame was $10.19, recorded on 09/10/24.

52-week price history of VREX Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Varex Imaging Corp’s current trading price is -28.28% away from its 52-week high, while its distance from the 52-week low is 51.32%. The stock’s price range during this period has fluctuated between $10.19 and $21.50. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 2.04 million for the day, which was evidently higher than the average daily volume of 0.69 million over the last three months.

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Financial Performance and Market Capitalization

Varex Imaging Corp (VREX) has experienced a quarterly rise of 33.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 630.67M and boasts a workforce of 2300 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 12.77, with a change in price of +1.13. Similarly, Varex Imaging Corp recorded 625,681 in trading volume during the last 100 days, posting a change of +7.91%.

VREX 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 VREX stands at 0.89. Similarly, the long-term debt-to-equity ratio is also 0.80.

VREX Stock Stochastic Average

Varex Imaging Corp’s raw stochastic average for the past 50 days is currently at 91.03%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 85.16%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.08% and 73.86%, respectively.

VREX Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -24.78%. However, over the past six months, we’ve seen a weaker performance of 3.14%. The price of VREX fallen by 22.97% over the last 30 days. And in the last five days, it has surged by 10.78%.

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