Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant loss of -20.53% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -44.74%. Over the past 30 days, the price of BDMD has fallen by 162.61%. And in the last five days, it has surged by 239.33%.
The stock market performance of Baird Medical Investment Holdings Limited has been fairly unsteady.
52-week price history of BDMD Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Baird Medical Investment Holdings Limited’s current trading price is -55.33% away from its 52-week high, while its distance from the 52-week low is 475.24%. The stock’s price range over this timeframe has been between $1.05 and $13.52. The shares of the Healthcare sector company recorded a trading volume of approximately 3.93 million for the day, which was comparatively higher than the average daily volume of 1.54 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Baird Medical Investment Holdings Limited (BDMD) has experienced a quarterly rise of 20.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 252.59M and boasts a workforce of 4 employees.
How Moving Averages and Trading Volume Data Work Together
BDMD’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
The raw stochastic average for Baird Medical Investment Holdings Limited over the last 50 days is presently at 60.12%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 60.12%. Further, the company’s Stochastic %K and %D values for the last 20 days were 62.69% and 63.67%, respectively.
