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. AMGEN Inc’s current trading price is -11.83% away from its 52-week high, while its distance from the 52-week low is 20.73%. The stock’s price range over this period has fluctuated between $253.30 and $346.85. The company, operating within the financial sector, had a trading volume of approximately 3.1 million for the day, which was noticeably lower than the average daily share volume of 3.49 million over the last 3 months.
AMGEN Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $346.85 on 07/25/24, while the lowest price for the same period was registered at $253.30 on 12/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
AMGEN Inc (AMGN) has experienced a quarterly rise of 3.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 164.29B and boasts a workforce of 28000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 291.57, with a change in price of -13.91. Similarly, AMGEN Inc recorded 3,208,881 in trading volume during the last 100 days, posting a change of -4.35%.
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 AMGN stands at 10.36. Similarly, the long-term debt-to-equity ratio is also 9.74.
AMGN Stock Stochastic Average
Today, AMGEN Inc’s raw stochastic average for the past 50 days stands at 80.80%, indicating a rise from the raw stochastic average of the last 20 days, which was 65.96%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 76.18% and 82.76% respectively.
AMGN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 17.33% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -6.41%. Over the past 30 days, the price of AMGN has fallen by 9.10%. And in the last five days, it has surged by 2.65%.
