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. QuidelOrtho Corporation’s current trading price is -50.43% away from its 52-week high, while its distance from the 52-week low is 26.45%. The stock’s price range over this period has fluctuated between $29.74 and $75.86. The company, operating within the financial sector, had a trading volume of approximately 1.14 million for the day, which was noticeably higher than the average daily share volume of 0.83 million over the last 3 months.
QuidelOrtho Corporation experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $75.86 on 12/27/23, while the lowest price for the same period was registered at $29.74 on 07/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
QuidelOrtho Corporation (QDEL) has experienced a quarterly decline of -13.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.53B and boasts a workforce of 7100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 41.36, with a change in price of +3.45. Similarly, QuidelOrtho Corporation recorded 1,002,572 in trading volume during the last 100 days, posting a change of +10.10%.
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 QDEL stands at 0.86. Similarly, the long-term debt-to-equity ratio is also 0.74.
QDEL Stock Stochastic Average
Today’s raw stochastic average for QuidelOrtho Corporation over the last 50 days is 19.23%.This indicates a increase from the raw stochastic average of the past 20 days, which was 19.23%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 34.29% and 42.69%, respectively.
QDEL 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 -48.98%.However, over the last six months, we can see a stronger performance of -11.70%. Over the last 30 days, the price of QDEL has leaped by -4.88%. And in the last five days, it has fallen by -8.56%.
