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. Viking Therapeutics Inc’s current trading price is -49.44% away from its 52-week high, while its distance from the 52-week low is 258.49%. The stock’s price range during this period has varied between $14.02 and $99.41. The company, active in the Healthcare sector, saw a trading volume of around 4.86 million for the day, considerably higher average daily volume of 4.15 million observed over the last three months.
Viking Therapeutics Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $99.41 on 02/28/24, and the lowest price during the same period was recorded at $14.02 on 12/04/23.
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How Financial Performance Impacts Market Capitalization
Viking Therapeutics Inc (VKTX) has experienced a quarterly decline of -13.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.60B and boasts a workforce of 27 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 60.58, with a change in price of -6.92. Similarly, Viking Therapeutics Inc recorded 4,090,757 in trading volume during the last 100 days, posting a change of -12.10%.
How VKTX’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 VKTX stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
VKTX Stock Stochastic Average
As of today, the raw stochastic average of Viking Therapeutics Inc over the past 50 days is 7.66%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 11.47%. Additionally, the Stochastic %K and %D values for the company were 13.52% and 16.88%, respectively, over the past 20 days.
VKTX 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. Year to date metric has recorded a gain of 170.07%.However, over the last six months, we can see a stronger performance of -10.62%. Over the last 30 days, the price of VKTX has leaped by -31.04%. And in the last five days, it has fallen by -3.33%.
