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 -40.40% away from its 52-week high, while its distance from the 52-week low is 4.09%. The stock’s price range during this period has varied between $10.77 and $18.80. The company, active in the Healthcare sector, saw a trading volume of around 1.16 million for the day, considerably lower average daily volume of 4.56 million observed over the last three months.
Elanco Animal Health Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $18.80 on 06/12/24, while the lowest price during the same period was $10.77 on 02/14/25.
How Financial Performance Impacts Market Capitalization
Elanco Animal Health Inc (ELAN) has experienced a quarterly decline of -16.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.54B 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 12.67, with a change in price of -2.42. Similarly, Elanco Animal Health Inc recorded 4,410,516 in trading volume during the last 100 days, posting a change of -17.63%.
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 last 50 days is at 23.90%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 28.17%. Further, the company’s Stochastic %K and %D values for the last 20 days were 23.86% and 24.66%, respectively.
ELAN 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 -7.47%. However, over the past six months, we’ve seen a stronger performance of -23.67%. The price of ELAN leaped by -7.40% over the last 30 days. And in the last five days, it has fallen by -3.90%.
