logo

CHRS’s Stock Dilemma: Coherus Biosciences Inc’s Market Performance and Outlook

Coherus Biosciences Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $3.22 on 01/04/24, while the lowest value for the same period was recorded at $0.66 on 11/05/24.

52-week price history of CHRS Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Coherus Biosciences Inc’s current trading price is -48.45% away from its 52-week high, while its distance from the 52-week low is 151.40%. The stock’s price range during this period has spanned from $0.66 to $3.22. In the Healthcare sector, the Coherus Biosciences Inc’s shares surpassed a trading volume of approximately 3.31 million for the day, which was noticeably lower compared to the average daily volume of 9.5.24 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Coherus Biosciences Inc (CHRS) has experienced a quarterly rise of 59.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 226.77M and boasts a workforce of 306 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1735, with a change in price of +0.2000. Similarly, Coherus Biosciences Inc recorded 4,078,357 in trading volume during the last 100 days, posting a change of +13.70%.

CHRS Stock Stochastic Average

Today’s raw stochastic average for Coherus Biosciences Inc over the last 50 days is 56.49%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 62.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 24.37% and 12.86%, respectively.

CHRS 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. The index has shown a price gain of 20.29% this year. Over the last six months, there has been a weaker performance of 24.81%. The price of CHRS leaped by -2.92% during the last 30 days period. For the last 5-days stocks have improved 11.41%.

Most Popular