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. MeridianLink Inc’s current trading price is -22.46% away from its 52-week high, while its distance from the 52-week low is 19.10%. The stock’s price range over this period has fluctuated between $16.49 and $25.33. The company, operating within the financial sector, had a trading volume of approximately 0.17 million for the day, which was noticeably lower than the average daily share volume of 0.31 million over the last 3 months.
MeridianLink Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $25.33 on 09/18/24, while the lowest value for the same period was recorded at $16.49 on 05/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MeridianLink Inc (MLNK) has experienced a quarterly decline of -8.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.48B and boasts a workforce of 676 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 22.00, with a change in price of -3.20. Similarly, MeridianLink Inc recorded 325,813 in trading volume during the last 100 days, posting a change of -14.01%.
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 MLNK stands at 1.12. Similarly, the long-term debt-to-equity ratio is also 1.11.
MLNK Stock Stochastic Average
Today, MeridianLink Inc’s raw stochastic average for the past 50 days stands at 17.39%, indicating a decline from the raw stochastic average of the last 20 days, which was 28.35%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 23.84% and 18.89% respectively.
MLNK Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -4.89% this year. Over the last six months, there has been a stronger performance of -14.31%. The price of MLNK leaped by -12.44% during the last 30 days period. For the last 5-days stocks have improved 5.31%.
