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. Azenta Inc’s current trading price is -32.99% away from its 52-week high, while its distance from the 52-week low is 16.98%. The stock’s price range during this period has varied between $38.82 and $67.77. The company, active in the Healthcare sector, saw a trading volume of around 0.42 million for the day, considerably lower average daily volume of 0.78 million observed over the last three months.
Azenta Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $67.77 on 03/08/24, and the lowest price during that time was $38.82, recorded on 11/18/24.
How Financial Performance Impacts Market Capitalization
Azenta Inc (AZTA) has experienced a quarterly decline of -1.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.08B and boasts a workforce of 3300 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 47.55, with a change in price of -3.86. Similarly, Azenta Inc recorded 657,969 in trading volume during the last 100 days, posting a change of -7.83%.
How AZTA’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 AZTA stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.03.
AZTA Stock Stochastic Average
As of today, the raw stochastic average of Azenta Inc over the past 50 days is 12.34%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 9.15%. Additionally, the Stochastic %K and %D values for the company were 7.98% and 7.73%, respectively, over the past 20 days.
AZTA Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -9.18%. However, over the past six months, we’ve seen a stronger performance of -10.15%. The price of AZTA leaped by -13.17% over the last 30 days. And in the last five days, it has fallen by -13.21%.
