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SI-BONE Inc Inc. (SIBN) Price Performance: A Fundamental Analysis Perspective

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -36.78%. However, over the last six months, the performance has been stronger by -1.48%. The price of SIBN increased 1.22% over the last 30 days. And in the last five days, it has surged by 9.22%.

SI-BONE Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $21.70 on 12/26/23, while the lowest price for the same period was registered at $11.70 on 11/21/24.

52-week price history of SIBN Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. SI-BONE Inc’s current trading price is -38.85% away from its 52-week high, while its distance from the 52-week low is 13.42%. The stock’s price range during this period has varied between$11.70 and $21.70. The SI-BONE Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.3 million for the day, a figure considerably lower than their average daily volume of 0.37 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

SI-BONE Inc (SIBN) has experienced a quarterly decline of -18.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 556.52M and boasts a workforce of 344 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 14.46, with a change in price of -0.18. Similarly, SI-BONE Inc recorded 369,430 in trading volume during the last 100 days, posting a change of -1.34%.

SIBN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SIBN stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.23.

SIBN Stock Stochastic Average

As of today, SI-BONE Inc’s raw stochastic average for the last 50 days stands at 32.85%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 35.04%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 28.13% and 22.94%, respectively.