Caredx Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $34.84 on 08/19/24 and a low of $7.42 for the same time frame on 04/26/24.
52-week price history of CDNA Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Caredx Inc’s current trading price is -31.11% away from its 52-week high, while its distance from the 52-week low is 223.45%. The stock’s price range during this period has spanned from $7.42 to $34.84. In the Healthcare sector, the Caredx Inc’s shares surpassed a trading volume of approximately 0.92 million for the day, which was noticeably higher compared to the average daily volume of 9.0.8 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Caredx Inc (CDNA) has experienced a quarterly decline of -25.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.29B and boasts a workforce of 643 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 26.00, with a change in price of -4.35. Similarly, Caredx Inc recorded 822,561 in trading volume during the last 100 days, posting a change of -15.34%.
Examining CDNA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CDNA stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.09.
CDNA Stock Stochastic Average
Today’s raw stochastic average for Caredx Inc over the last 50 days is 62.26%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 73.91%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 58.70% and 47.83%, respectively.
CDNA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 12.10%.However, over the last six months, we can see a weaker performance of 66.55%. Over the last 30 days, the price of CDNA has leaped by -4.15%. And in the last five days, it has surged by 12.10%.
