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. Coherus Biosciences Inc’s current trading price is -62.97% away from its 52-week high, while its distance from the 52-week low is 107.48%. The stock’s price range over this period has fluctuated between $0.66 and $3.70. The company, operating within the financial sector, had a trading volume of approximately 4.29 million for the day, which was noticeably higher than the average daily share volume of 2.89 million over the last 3 months.
Coherus Biosciences Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $3.70 on 01/02/24, while the lowest price for the same period was registered at $0.66 on 11/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Coherus Biosciences Inc (CHRS) has experienced a quarterly rise of 0.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 152.83M and boasts a workforce of 306 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1665, with a change in price of -0.2400. Similarly, Coherus Biosciences Inc recorded 2,537,707 in trading volume during the last 100 days, posting a change of -14.91%.
CHRS Stock Stochastic Average
Today’s raw stochastic average for Coherus Biosciences Inc over the last 50 days is 97.26%.This indicates a increase from the raw stochastic average of the past 20 days, which was 97.26%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 85.38% and 82.95%, respectively.
CHRS 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. Year to date metric has recorded a loss of -58.86%.However, over the last six months, we can see a stronger performance of -22.16%. Over the last 30 days, the price of CHRS has fallen by 83.89%. And in the last five days, it has surged by 25.69%.
