The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -14.12%.However, over the last six months, we can see a stronger performance of -13.39%. Over the last 30 days, the price of AZTA has leaped by -20.85%. And in the last five days, it has fallen by -4.11%.
Azenta Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $67.77 on 03/08/24 and a low of $38.82 for the same time frame on 11/18/24.
52-week price history of AZTA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Azenta Inc’s current trading price is -36.64% away from its 52-week high, while its distance from the 52-week low is 10.61%. The stock’s price range during this period has varied between$38.82 and $67.77. The Azenta Inc’s shares, which operate in the Healthcare, saw a trading volume of around 1.03 million for the day, a figure considerably higher than their average daily volume of 0.56 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Azenta Inc (AZTA) has experienced a quarterly decline of -4.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.96B and boasts a workforce of 3300 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 47.30, with a change in price of -4.78. Similarly, Azenta Inc recorded 667,895 in trading volume during the last 100 days, posting a change of -10.02%.
AZTA’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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, Azenta Inc’s raw stochastic average for the last 50 days stands at 6.03%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 6.03%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 19.31% and 18.93%, respectively.