The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Relay Therapeutics Inc’s current trading price is -65.16% away from its 52-week high, while its distance from the 52-week low is 2.92%. The stock’s price range for this period has been between $4.11 and $12.14 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.85 million for the day, a number notably lower than the average daily volume of 1.95 million over the last three months.
Relay Therapeutics Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $12.14 on 01/08/24, while the lowest price for the same duration was marked at $4.11 on 12/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Relay Therapeutics Inc (RLAY) has experienced a quarterly decline of -40.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 690.08M and boasts a workforce of 323 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.18, with a change in price of -3.40. Similarly, Relay Therapeutics Inc recorded 2,067,901 in trading volume during the last 100 days, posting a change of -44.56%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RLAY stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.05.
RLAY Stock Stochastic Average
Relay Therapeutics Inc’s raw stochastic average for the past 50 days is presently 4.24%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 11.32%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.58% and 11.74%, respectively.
RLAY Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price decrease of -61.58%. However, over the past six months, we’ve seen a stronger performance of -32.43%. The price of RLAY leaped by -10.95% over the last 30 days. And in the last five days, it has fallen by -6.00%.
