Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -76.30%. However, over the past six months, we’ve seen a stronger performance of -68.35%. The price of AVGR leaped by -18.58% over the last 30 days. And in the last five days, it has surged by 34.68%.
In terms of market performance, Avinger Inc had a fairly uneven. The highest value for the stock in the past year was $5.45 on 02/20/24, and the lowest value was recorded at $0.39 on 12/12/24.
52-week price history of AVGR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Avinger Inc’s current trading price is -88.21% away from its 52-week high, while its distance from the 52-week low is 64.72%. The stock’s price range during this period has varied between$0.39 and $5.45. The Avinger Inc’s shares, which operate in the Healthcare, saw a trading volume of around 1.38 million for the day, a figure considerably higher than their average daily volume of 0.17 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Avinger Inc (AVGR) has experienced a quarterly decline of -32.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.44M and boasts a workforce of 72 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9420, with a change in price of -0.7476. Similarly, Avinger Inc recorded 231,209 in trading volume during the last 100 days, posting a change of -53.78%.
AVGR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for AVGR stands at 1.44. Similarly, the long-term debt-to-equity ratio is also 0.06.
AVGR Stock Stochastic Average
Avinger Inc’s raw stochastic average for the past 50 days is presently 40.71%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 54.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.63% and 41.88%, respectively.
