Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Alkermes plc’s current trading price is -9.52% away from its 52-week high, while its distance from the 52-week low is 29.91%. The stock’s price range over this period has fluctuated between $22.90 and $32.88. The company, operating within the financial sector, had a trading volume of approximately 2.22 million for the day, which was noticeably higher than the average daily share volume of 1.63 million over the last 3 months.
In terms of market performance, Alkermes plc had a fairly even. The highest value for the stock in the past year was $32.88 on 02/16/24, and the lowest value was recorded at $22.90 on 07/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alkermes plc (ALKS) has experienced a quarterly rise of 6.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.81B and boasts a workforce of 2100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 28.46, with a change in price of +1.76. Similarly, Alkermes plc recorded 1,638,506 in trading volume during the last 100 days, posting a change of +6.29%.
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 ALKS stands at 0.28. Similarly, the long-term debt-to-equity ratio is also 0.28.
ALKS Stock Stochastic Average
Today, Alkermes plc’s raw stochastic average for the past 50 days stands at 59.02%, indicating a rise from the raw stochastic average of the last 20 days, which was 58.91%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 40.23% and 27.59% respectively.
ALKS 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. Until today this year the stock’s price performance recorded an increase of 3.44%. However, over the last six months, the performance has been weaker by 20.89%. The price of ALKS decreased -2.49% over the last 30 days. And in the last five days, it has surged by 4.68%.
