Adagio Medical Holdings Inc’s stock has seen a rocky market performance.
52-week price history of ADGM Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Adagio Medical Holdings Inc’s current trading price is -87.12% away from its 52-week high, while its distance from the 52-week low is 98.67%. The stock’s price range for this period has remained between $0.75 and $11.57. The Healthcare sector company’s shares managed to surpass a trading volume of around 0.56 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.49 million over the last three months.
Financial Performance and Market Capitalization
Adagio Medical Holdings Inc (ADGM) has experienced a quarterly decline of -50.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.92M and boasts a workforce of 3 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9844, with a change in price of -1.6800. Similarly, Adagio Medical Holdings Inc recorded 337,583 in trading volume during the last 100 days, posting a change of -53.00%.
ADGM Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ADGM stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.18.
ADGM Stock Stochastic Average
As of today, the raw stochastic average of Adagio Medical Holdings Inc over the last 50 days is at 42.53%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 79.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 83.52% and 86.32%, respectively.
ADGM 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 metric has seen a significant gain of 41.90% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -73.30%. Over the past 30 days, the price of ADGM has fallen by 98.61%. And in the last five days, it has surged by 40.57%.
