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. Marinus Pharmaceuticals Inc’s current trading price is -97.84% away from its 52-week high, while its distance from the 52-week low is 5.82%. The stock’s price range during this period has varied between $0.23 and $11.26. The company, active in the Healthcare sector, saw a trading volume of around 3.77 million for the day, considerably higher average daily volume of 2.62 million observed over the last three months.
Marinus Pharmaceuticals Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $11.26 on 01/08/24, and the lowest price during the same period was recorded at $0.23 on 12/16/24.
How Financial Performance Impacts Market Capitalization
Marinus Pharmaceuticals Inc (MRNS) has experienced a quarterly decline of -84.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.44M and boasts a workforce of 165 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 1.0420, with a change in price of -1.1564. Similarly, Marinus Pharmaceuticals Inc recorded 1,858,189 in trading volume during the last 100 days, posting a change of -82.60%.
MRNS Stock Stochastic Average
As of today, the raw stochastic average of Marinus Pharmaceuticals Inc over the past 50 days is 0.77%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 12.20%. Additionally, the Stochastic %K and %D values for the company were 14.48% and 13.64%, respectively, over the past 20 days.
MRNS 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. Year to date metric has recorded a loss of -97.76%.However, over the last six months, we can see a stronger performance of -81.96%. Over the last 30 days, the price of MRNS has leaped by -20.91%. And in the last five days, it has fallen by -15.06%.
