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. Check-Cap Ltd’s current trading price is -60.87% away from its 52-week high, while its distance from the 52-week low is 141.07%. The stock’s price range during this period has varied between $0.56 and $3.45. The company, active in the Healthcare sector, saw a trading volume of around 2.0 million for the day, considerably higher average daily volume of 1.17 million observed over the last three months.
Check-Cap Ltd’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $3.45 on 03/28/24, and the lowest price during the same period was recorded at $0.56 on 12/23/24.
How Financial Performance Impacts Market Capitalization
Check-Cap Ltd (CHEK) has experienced a quarterly decline of -5.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.11M.
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 1.3029, with a change in price of -0.5600. Similarly, Check-Cap Ltd recorded 761,085 in trading volume during the last 100 days, posting a change of -29.32%.
How CHEK’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 CHEK stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
CHEK Stock Stochastic Average
As of today, the raw stochastic average of Check-Cap Ltd over the past 50 days is 31.85%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 31.85%. Additionally, the Stochastic %K and %D values for the company were 34.88% and 28.16%, respectively, over the past 20 days.
CHEK Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 36.38% this year. Over the last six months, there has been a stronger performance of -30.23%. The price of CHEK fallen by 63.64% during the last 30 days period. For the last 5-days stocks have improved 22.73%.
