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. PainReform Ltd’s current trading price is -93.38% away from its 52-week high, while its distance from the 52-week low is 134.48%. The stock’s price range during this period has varied between $1.73 and $61.20. The company, active in the Healthcare sector, saw a trading volume of around 38.39 million for the day, considerably higher average daily volume of 3.62 million observed over the last three months.
PainReform Ltd’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $61.20 on 04/09/24, and the lowest price during that time was $1.73, recorded on 11/01/24.
How Financial Performance Impacts Market Capitalization
PainReform Ltd (PRFX) has experienced a quarterly rise of 73.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.55M and boasts a workforce of 7 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 3.02, with a change in price of +1.60. Similarly, PainReform Ltd recorded 2,591,302 in trading volume during the last 100 days, posting a change of +64.52%.
PRFX Stock Stochastic Average
As of today, the raw stochastic average of PainReform Ltd over the past 50 days is 13.27%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 34.60%. Additionally, the Stochastic %K and %D values for the company were 13.22% and 5.88%, respectively, over the past 20 days.
PRFX 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 increase of 20.72%. However, over the past six months, we’ve seen a stronger performance of -44.27%. The price of PRFX fallen by 24.62% over the last 30 days. And in the last five days, it has surged by 31.07%.
