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. Exact Sciences Corp’s current trading price is -25.24% away from its 52-week high, while its distance from the 52-week low is 46.51%. The stock’s price range during this period has varied between $40.62 and $79.62. The company, active in the Healthcare sector, saw a trading volume of around 2.22 million for the day, considerably lower average daily volume of 2.64 million observed over the last three months.
Exact Sciences Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $79.62 on 04/02/24, while the lowest price during the same period was $40.62 on 06/25/24.
How Financial Performance Impacts Market Capitalization
Exact Sciences Corp (EXAS) has experienced a quarterly decline of -2.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.02B and boasts a workforce of 6600 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 59.92, with a change in price of +14.53. Similarly, Exact Sciences Corp recorded 2,638,486 in trading volume during the last 100 days, posting a change of +32.15%.
How EXAS’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 EXAS stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.78.
EXAS Stock Stochastic Average
As of today, the raw stochastic average of Exact Sciences Corp over the last 50 days is at 47.16%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 47.16%. Further, the company’s Stochastic %K and %D values for the last 20 days were 31.86% and 24.81%, respectively.
EXAS 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 -19.55%. However, over the past six months, we’ve seen a weaker performance of 32.80%. The price of EXAS leaped by -14.17% over the last 30 days. And in the last five days, it has surged by 10.39%.
