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. Progyny Inc’s current trading price is -42.86% away from its 52-week high, while its distance from the 52-week low is 66.33%. The stock’s price range during this period has varied between $13.39 and $38.98. The company, active in the Healthcare sector, saw a trading volume of around 2.36 million for the day, considerably higher average daily volume of 1.8 million observed over the last three months.
Progyny Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $38.98 on 03/28/24, and the lowest price during the same period was recorded at $13.39 on 11/15/24.
How Financial Performance Impacts Market Capitalization
Progyny Inc (PGNY) has experienced a quarterly rise of 41.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.90B and boasts a workforce of 566 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 17.90, with a change in price of +6.34. Similarly, Progyny Inc recorded 1,779,399 in trading volume during the last 100 days, posting a change of +40.08%.
How PGNY’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 PGNY stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.04.
PGNY Stock Stochastic Average
As of today, the raw stochastic average of Progyny Inc over the past 50 days is 64.34%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 11.54%. Additionally, the Stochastic %K and %D values for the company were 37.52% and 47.12%, respectively, over the past 20 days.
PGNY 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. Year to date metric has recorded a gain of 29.11%.However, over the last six months, we can see a weaker performance of 3.16%. Over the last 30 days, the price of PGNY has leaped by -4.21%. And in the last five days, it has fallen by -4.00%.
