A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Bristol-Myers Squibb Co’s current trading price is -6.14% away from its 52-week high, while its distance from the 52-week low is 45.69%. The stock’s price range for this time frame has been between $39.35 and $61.08. The trading volume of the company’s shares in the Healthcare reached around 45.94 million for the day, which was evidently higher than the average daily volume of 11.42 million over the last three months.
Bristol-Myers Squibb Co’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $61.08 on 11/11/24, and the lowest price during that time was $39.35, recorded on 07/05/24.
How Financial Performance Impacts Market Capitalization
Bristol-Myers Squibb Co (BMY) has experienced a quarterly rise of 14.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 118.40B and boasts a workforce of 34100 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 52.89, with a change in price of +9.77. Similarly, Bristol-Myers Squibb Co recorded 11,539,477 in trading volume during the last 100 days, posting a change of +20.54%.
How BMY’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 BMY stands at 3.00. Similarly, the long-term debt-to-equity ratio is also 2.93.
BMY Stock Stochastic Average
Bristol-Myers Squibb Co’s raw stochastic average for the past 50 days is currently at 61.62%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 40.60%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 31.62% and 32.03%, respectively.
BMY Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 11.73%.However, over the last six months, we can see a weaker performance of 35.76%. Over the last 30 days, the price of BMY has leaped by -0.95%. And in the last five days, it has surged by 2.78%.
