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. Relmada Therapeutics Inc’s current trading price is -94.99% away from its 52-week high, while its distance from the 52-week low is 3.34%. The stock’s price range during this period has varied between $0.35 and $7.22. The company, active in the Healthcare sector, saw a trading volume of around 1.11 million for the day, considerably higher average daily volume of 0.78 million observed over the last three months.
Relmada Therapeutics Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $7.22 on 03/04/24, and the lowest price during the same period was recorded at $0.35 on 12/13/24.
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How Financial Performance Impacts Market Capitalization
Relmada Therapeutics Inc (RLMD) has experienced a quarterly decline of -89.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.91M and boasts a workforce of 20 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 2.8804, with a change in price of -3.5683. Similarly, Relmada Therapeutics Inc recorded 558,337 in trading volume during the last 100 days, posting a change of -90.80%.
How RLMD’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 RLMD stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
RLMD Stock Stochastic Average
As of today, the raw stochastic average of Relmada Therapeutics Inc over the past 50 days is 0.32%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 0.38%. Additionally, the Stochastic %K and %D values for the company were 0.74% and 0.60%, respectively, over the past 20 days.
RLMD Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -91.26% this year. Over the last six months, there has been a stronger performance of -88.06%. The price of RLMD leaped by -87.98% during the last 30 days period. For the last 5-days stocks have slided -23.01%.
