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. Relay Therapeutics Inc’s current trading price is -63.84% away from its 52-week high, while its distance from the 52-week low is 0.46%. The stock’s price range over this period has fluctuated between $4.37 and $12.14. The company, operating within the financial sector, had a trading volume of approximately 3.01 million for the day, which was noticeably higher than the average daily share volume of 2.26 million over the last 3 months.
Relay Therapeutics Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $12.14 on 01/08/24, while the lowest price for the same period was registered at $4.37 on 12/04/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Relay Therapeutics Inc (RLAY) has experienced a quarterly decline of -32.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 734.81M and boasts a workforce of 323 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.76, with a change in price of -3.88. Similarly, Relay Therapeutics Inc recorded 1,824,092 in trading volume during the last 100 days, posting a change of -46.92%.
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 RLAY stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.05.
RLAY Stock Stochastic Average
Today’s raw stochastic average for Relay Therapeutics Inc over the last 50 days is 1.07%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 1.63%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 3.99% and 7.71%, respectively.
RLAY 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 -60.13%.However, over the last six months, we can see a stronger performance of -40.19%. Over the last 30 days, the price of RLAY has leaped by -24.96%. And in the last five days, it has fallen by -7.77%.
