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. Macrogenics Inc’s current trading price is -86.15% away from its 52-week high, while its distance from the 52-week low is 4.12%. The stock’s price range over this period has fluctuated between $2.91 and $21.88. The company, operating within the financial sector, had a trading volume of approximately 0.66 million for the day, which was noticeably higher than the average daily share volume of 0.6 million over the last 3 months.
Macrogenics Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $21.88 on 03/06/24 and the lowest value was $2.91 on 01/21/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Macrogenics Inc (MGNX) has experienced a quarterly decline of -13.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 190.18M and boasts a workforce of 339 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.48, with a change in price of -0.29. Similarly, Macrogenics Inc recorded 593,535 in trading volume during the last 100 days, posting a change of -8.73%.
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 MGNX stands at 0.28. Similarly, the long-term debt-to-equity ratio is also 0.24.
MGNX Stock Stochastic Average
Today, Macrogenics Inc’s raw stochastic average for the past 50 days stands at 12.31%, indicating a decline from the raw stochastic average of the last 20 days, which was 17.39%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 34.78% and 40.10% respectively.
MGNX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -6.77%. However, over the past six months, we’ve seen a stronger performance of -44.61%. The price of MGNX leaped by -7.06% over the last 30 days. And in the last five days, it has fallen by -1.62%.
