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. Organogenesis Holdings Inc’s current trading price is -23.70% away from its 52-week high, while its distance from the 52-week low is 65.82%. The stock’s price range during this period has varied between $2.16 and $4.70. The company, active in the Healthcare sector, saw a trading volume of around 0.96 million for the day, considerably higher average daily volume of 0.64 million observed over the last three months.
Organogenesis Holdings Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $4.70 on 01/08/24, while the lowest price during the same period was $2.16 on 04/25/24.
How Financial Performance Impacts Market Capitalization
Organogenesis Holdings Inc (ORGO) has experienced a quarterly rise of 45.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 475.95M and boasts a workforce of 862 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 3.06, with a change in price of +0.50. Similarly, Organogenesis Holdings Inc recorded 660,826 in trading volume during the last 100 days, posting a change of +16.18%.
How ORGO’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 ORGO stands at 0.38. Similarly, the long-term debt-to-equity ratio is also 0.32.
ORGO Stock Stochastic Average
As of today, the raw stochastic average of Organogenesis Holdings Inc over the last 50 days is at 46.15%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 30.74%. Further, the company’s Stochastic %K and %D values for the last 20 days were 47.60% and 55.68%, respectively.
ORGO 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. This year’s metric has recorded a Price decrease of -12.22%. However, over the past six months, we’ve seen a weaker performance of 33.96%. The price of ORGO fallen by 18.09% over the last 30 days. And in the last five days, it has fallen by -7.95%.
