A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Baird Medical Investment Holdings Limited’s current trading price is -54.89% away from its 52-week high, while its distance from the 52-week low is 480.81%. The stock’s price range for this time frame has been between $1.05 and $13.52. The trading volume of the company’s shares in the Healthcare reached around 30.94 million for the day, which was evidently higher than the average daily volume of 61620.0 over the last three months.
Baird Medical Investment Holdings Limited’s stock has seen a rocky market performance.
How Financial Performance Impacts Market Capitalization
Baird Medical Investment Holdings Limited (BDMD) has experienced a quarterly decline of -34.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 216.18M and boasts a workforce of 4 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How BDMD’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 BDMD stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.00.
BDMD Stock Stochastic Average
Baird Medical Investment Holdings Limited’s raw stochastic average for the past 50 days is currently at 91.63%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 91.63%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 45.41% and 30.24%, respectively.
BDMD 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 loss of -43.06%.However, over the last six months, we can see a stronger performance of -44.15%. Over the last 30 days, the price of BDMD has fallen by 148.92%. And in the last five days, it has surged by 197.49%.
