TransCode Therapeutics Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $18.66 on 12/04/23, while the lowest price during the same period was $0.22 on 08/14/24.
52-week price history of RNAZ Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. TransCode Therapeutics Inc’s current trading price is -98.48% away from its 52-week high, while its distance from the 52-week low is 31.06%. The stock’s price range during this period has fluctuated between $0.22 and $18.66. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 1.83 million for the day, which was evidently higher than the average daily volume of 1.69 million over the last three months.
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Financial Performance and Market Capitalization
TransCode Therapeutics Inc (RNAZ) has experienced a quarterly rise of 21.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.96M and boasts a workforce of 10 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4315, with a change in price of -0.5869. Similarly, TransCode Therapeutics Inc recorded 1,603,885 in trading volume during the last 100 days, posting a change of -67.46%.
RNAZ 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 RNAZ stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.00.
RNAZ Stock Stochastic Average
The raw stochastic average for TransCode Therapeutics Inc over the last 50 days is presently at 2.27%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 4.36%. Further, the company’s Stochastic %K and %D values for the last 20 days were 10.75% and 13.72%, respectively.
RNAZ Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -95.71%. However, over the last six months, the performance has been stronger by -82.52%. The price of RNAZ decreased -39.12% over the last 30 days. And in the last five days, it has fallen by -26.37%.
