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. Organon & Co’s current trading price is -29.96% away from its 52-week high, while its distance from the 52-week low is 16.65%. The stock’s price range over this period has fluctuated between $13.87 and $23.10. The company, operating within the financial sector, had a trading volume of approximately 2.12 million for the day, which was noticeably lower than the average daily share volume of 3.38 million over the last 3 months.
Organon & Co’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $23.10 on 08/26/24 and a low of $13.87 for the same time frame on 12/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Organon & Co (OGN) has experienced a quarterly decline of -10.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.17B and boasts a workforce of 10000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.39, with a change in price of -4.71. Similarly, Organon & Co recorded 2,820,013 in trading volume during the last 100 days, posting a change of -22.55%.
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 OGN stands at 17.75. Similarly, the long-term debt-to-equity ratio is also 17.73.
OGN Stock Stochastic Average
Today, Organon & Co’s raw stochastic average for the past 50 days stands at 55.66%, indicating a decline from the raw stochastic average of the last 20 days, which was 99.35%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 89.31% and 85.87% respectively.
OGN Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a gain of 8.45%.However, over the last six months, we can see a stronger performance of -23.53%. Over the last 30 days, the price of OGN has fallen by 5.75%. And in the last five days, it has surged by 1.13%.