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Myomo Inc (MYO) Stock: Navigating a Year of Volatility

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Myomo Inc’s current trading price is -3.49% away from its 52-week high, while its distance from the 52-week low is 175.61%. The stock’s price range for this period has been between $2.51 and $7.17 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.41 million for the day, a number notably higher than the average daily volume of 0.28 million over the last three months.

Myomo Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $7.17 on 01/07/25, while the lowest value for the same period was recorded at $2.51 on 04/16/24.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Myomo Inc (MYO) has experienced a quarterly rise of 76.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 230.06M and boasts a workforce of 106 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.67, with a change in price of +3.17. Similarly, Myomo Inc recorded 242,503 in trading volume during the last 100 days, posting a change of +84.53%.

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 MYO stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.00.

MYO Stock Stochastic Average

As of today, Myomo Inc’s raw stochastic average for the last 50 days stands at 93.02%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 85.21%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 87.99% and 87.83%, respectively.

MYO Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 7.45%. However, over the last six months, the performance has been weaker by 38.40%. The price of MYO increased 14.95% over the last 30 days. And in the last five days, it has surged by 7.45%.

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