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. Aquestive Therapeutics Inc’s current trading price is -52.81% away from its 52-week high, while its distance from the 52-week low is 31.25%. The stock’s price range during this period has varied between $2.24 and $6.23. The company, active in the Healthcare sector, saw a trading volume of around 1.98 million for the day, considerably higher average daily volume of 1.68 million observed over the last three months.
Aquestive Therapeutics Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $6.23 on 03/18/24, and the lowest price during the same period was recorded at $2.24 on 06/26/24.
How Financial Performance Impacts Market Capitalization
Aquestive Therapeutics Inc (AQST) has experienced a quarterly decline of -29.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 290.68M and boasts a workforce of 142 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 3.85, with a change in price of -1.95. Similarly, Aquestive Therapeutics Inc recorded 1,653,727 in trading volume during the last 100 days, posting a change of -39.88%.
AQST Stock Stochastic Average
As of today, the raw stochastic average of Aquestive Therapeutics Inc over the past 50 days is 36.57%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 41.53%. Additionally, the Stochastic %K and %D values for the company were 21.75% and 15.73%, respectively, over the past 20 days.
AQST 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 loss of -17.42%.However, over the last six months, we can see a stronger performance of -37.31%. Over the last 30 days, the price of AQST has leaped by -1.67%. And in the last five days, it has surged by 5.38%.
