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. Zomedica Corp’s current trading price is -47.35% away from its 52-week high, while its distance from the 52-week low is 2.82%. The stock’s price range over this period has fluctuated between $0.12 and $0.23. The company, operating within the financial sector, had a trading volume of approximately 7.52 million for the day, which was noticeably higher than the average daily share volume of 4.84 million over the last 3 months.
Zomedica Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $0.23 on 12/26/23, while the lowest value for the same period was recorded at $0.12 on 11/08/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zomedica Corp (ZOM) has experienced a quarterly decline of -8.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 117.79M and boasts a workforce of 144 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1316, with a change in price of -0.0297. Similarly, Zomedica Corp recorded 4,329,315 in trading volume during the last 100 days, posting a change of -19.80%.
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 ZOM stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
ZOM Stock Stochastic Average
Today, Zomedica Corp’s raw stochastic average for the past 50 days stands at 8.73%, indicating a rise from the raw stochastic average of the last 20 days, which was 2.58%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 1.89% and 3.11% respectively.
ZOM 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. The index has shown a price loss of -39.91% this year. Over the last six months, there has been a stronger performance of -19.10%. The price of ZOM leaped by -12.83% during the last 30 days period. For the last 5-days stocks have slided -5.28%.
