Adagio Medical Holdings Inc saw a rather unpredictable run in, in terms of market performance.
52-week price history of ADGM Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Adagio Medical Holdings Inc’s current trading price is -88.85% away from its 52-week high, while its distance from the 52-week low is -5.14%. The stock’s price range during the 52-week period has remained between $1.36 and $11.57. In the Healthcare sector, the company’s shares saw a trading volume of around 4.13 million for the day, which was evidently higher than the average daily volume of 83220.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Adagio Medical Holdings Inc (ADGM) has experienced a quarterly decline of -62.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.81M and boasts a workforce of 3 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.4053, with a change in price of -7.6900. Similarly, Adagio Medical Holdings Inc recorded 109,646 in trading volume during the last 100 days, posting a change of -84.97%.
Examining ADGM’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ADGM stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.18.
ADGM Stock Stochastic Average
Adagio Medical Holdings Inc’s raw stochastic average for the past 50 days is presently 1.05%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 1.82%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.97% and 12.26%, respectively.
ADGM Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -88.16%.However, over the last six months, we can see a stronger performance of -88.71%. Over the last 30 days, the price of ADGM has leaped by -43.42%. And in the last five days, it has fallen by -29.50%.
