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. Cardiff Oncology Inc’s current trading price is -36.76% away from its 52-week high, while its distance from the 52-week low is 136.05%. The stock’s price range during this period has varied between $1.72 and $6.42. The company, active in the Healthcare sector, saw a trading volume of around 1.14 million for the day, considerably lower average daily volume of 2.14 million observed over the last three months.
The market performance of Cardiff Oncology Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $6.42 on 03/25/24, with the lowest value for the same timeframe being $1.72, recorded on 02/29/24.
How Financial Performance Impacts Market Capitalization
Cardiff Oncology Inc (CRDF) has experienced a quarterly rise of 65.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 270.06M and boasts a workforce of 32 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 3.49, with a change in price of +1.48. Similarly, Cardiff Oncology Inc recorded 1,633,725 in trading volume during the last 100 days, posting a change of +57.36%.
How CRDF’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 CRDF stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
CRDF Stock Stochastic Average
As of today, the raw stochastic average of Cardiff Oncology Inc over the past 50 days is 33.90%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 39.22%. Additionally, the Stochastic %K and %D values for the company were 54.07% and 64.26%, respectively, over the past 20 days.
CRDF 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. The metric has seen a significant loss of -6.45% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 69.17%. Over the past 30 days, the price of CRDF has fallen by 18.71%. And in the last five days, it has fallen by -13.62%.
