Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Aldeyra Therapeutics Inc’s current trading price is -24.55% away from its 52-week high, while its distance from the 52-week low is 103.29%. The stock’s price range over this period has fluctuated between $2.43 and $6.55. The company, operating within the financial sector, had a trading volume of approximately 0.28 million for the day, which was noticeably lower than the average daily share volume of 0.49 million over the last 3 months.
Aldeyra Therapeutics Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $6.55 on 09/05/24, while the lowest value for the same period was recorded at $2.43 on 11/28/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Aldeyra Therapeutics Inc (ALDX) has experienced a quarterly decline of -8.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 294.18M and boasts a workforce of 10 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.03, with a change in price of +1.54. Similarly, Aldeyra Therapeutics Inc recorded 508,902 in trading volume during the last 100 days, posting a change of +45.29%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ALDX stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.18.
ALDX Stock Stochastic Average
Today, Aldeyra Therapeutics Inc’s raw stochastic average for the past 50 days stands at 40.88%, indicating a decline from the raw stochastic average of the last 20 days, which was 51.52%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 49.29% and 48.15% respectively.
ALDX 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. The index has shown a price gain of 40.74% this year. Over the last six months, there has been a weaker performance of 32.44%. The price of ALDX leaped by -8.86% during the last 30 days period. For the last 5-days stocks have improved 3.78%.
