Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Elanco Animal Health Inc’s current trading price is -35.85% away from its 52-week high, while its distance from the 52-week low is 8.55%. The stock’s price range during this period has varied between $11.11 and $18.80. The company, active in the Healthcare sector, saw a trading volume of around 3.32 million for the day, considerably lower average daily volume of 4.45 million observed over the last three months.
Elanco Animal Health Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $18.80 on 06/12/24, and the lowest price during the same period was recorded at $11.11 on 01/10/25.
How Financial Performance Impacts Market Capitalization
Elanco Animal Health Inc (ELAN) has experienced a quarterly decline of -4.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.96B and boasts a workforce of 9800 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.25, with a change in price of -3.17. Similarly, Elanco Animal Health Inc recorded 4,471,416 in trading volume during the last 100 days, posting a change of -20.81%.
How ELAN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ELAN stands at 0.67. Similarly, the long-term debt-to-equity ratio is also 0.66.
ELAN Stock Stochastic Average
As of today, the raw stochastic average of Elanco Animal Health Inc over the past 50 days is 26.39%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 73.08%. Additionally, the Stochastic %K and %D values for the company were 73.59% and 71.19%, respectively, over the past 20 days.
ELAN 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. Year to date metric has recorded a loss of -0.41%.However, over the last six months, we can see a stronger performance of -9.05%. Over the last 30 days, the price of ELAN has fallen by 2.03%. And in the last five days, it has surged by 1.77%.
