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. Sangamo Therapeutics Inc’s current trading price is -24.82% away from its 52-week high, while its distance from the 52-week low is 686.18%. The stock’s price range during this period has varied between $0.30 and $3.18. The company, active in the Healthcare sector, saw a trading volume of around 6.18 million for the day, considerably lower average daily volume of 8.29 million observed over the last three months.
Sangamo Therapeutics Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $3.18 on 11/08/24, and the lowest price during the same period was recorded at $0.30 on 07/05/24.
How Financial Performance Impacts Market Capitalization
Sangamo Therapeutics Inc (SGMO) has experienced a quarterly rise of 158.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 533.21M and boasts a workforce of 405 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 1.41, with a change in price of +1.69. Similarly, Sangamo Therapeutics Inc recorded 8,598,374 in trading volume during the last 100 days, posting a change of +239.10%.
How SGMO’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 SGMO stands at 0.71. Similarly, the long-term debt-to-equity ratio is also 0.71.
SGMO Stock Stochastic Average
As of today, the raw stochastic average of Sangamo Therapeutics Inc over the past 50 days is 66.52%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 57.14%. Additionally, the Stochastic %K and %D values for the company were 57.14% and 60.00%, respectively, over the past 20 days.
SGMO 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 gain of 339.90%.However, over the last six months, we can see a weaker performance of 435.15%. Over the last 30 days, the price of SGMO has fallen by 21.94%. And in the last five days, it has fallen by -9.64%.
