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. Neogen Corp’s current trading price is -46.29% away from its 52-week high, while its distance from the 52-week low is 10.77%. The stock’s price range over this period has fluctuated between $9.01 and $18.58. The company, operating within the financial sector, had a trading volume of approximately 1.92 million for the day, which was noticeably lower than the average daily share volume of 2.47 million over the last 3 months.
Neogen Corp saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $18.58 on 07/30/24, while the lowest price for the same duration was marked at $9.01 on 03/04/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Neogen Corp (NEOG) has experienced a quarterly decline of -27.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.17B and boasts a workforce of 2917 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.63, with a change in price of -4.87. Similarly, Neogen Corp recorded 2,129,677 in trading volume during the last 100 days, posting a change of -32.79%.
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 NEOG stands at 0.33. Similarly, the long-term debt-to-equity ratio is also 0.33.
NEOG Stock Stochastic Average
Today, Neogen Corp’s raw stochastic average for the past 50 days stands at 22.07%, indicating a decline from the raw stochastic average of the last 20 days, which was 51.19%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 36.76% and 24.41% respectively.
NEOG Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -17.79%.However, over the last six months, we can see a stronger performance of -38.01%. Over the last 30 days, the price of NEOG has leaped by -6.20%. And in the last five days, it has fallen by -0.99%.
