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. Alx Oncology Holdings Inc’s current trading price is -95.60% away from its 52-week high, while its distance from the 52-week low is -5.52%. The stock’s price range during this period has varied between $0.83 and $17.83. The company, active in the Healthcare sector, saw a trading volume of around 0.63 million for the day, considerably lower average daily volume of 1.23 million observed over the last three months.
Alx Oncology Holdings Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $17.83 on 05/07/24, and the lowest price during that time was $0.83, recorded on 03/17/25.
How Financial Performance Impacts Market Capitalization
Alx Oncology Holdings Inc (ALXO) has experienced a quarterly decline of -48.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.83M and boasts a workforce of 80 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 1.4075, with a change in price of -0.6964. Similarly, Alx Oncology Holdings Inc recorded 1,133,121 in trading volume during the last 100 days, posting a change of -47.05%.
How ALXO’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 ALXO stands at 0.15. Similarly, the long-term debt-to-equity ratio is also 0.13.
ALXO Stock Stochastic Average
As of today, the raw stochastic average of Alx Oncology Holdings Inc over the past 50 days is 0.99%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 1.59%. Additionally, the Stochastic %K and %D values for the company were 4.18% and 9.02%, respectively, over the past 20 days.
ALXO 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. This year’s metric has recorded a Price decrease of -53.08%. However, over the past six months, we’ve seen a stronger performance of -63.38%. The price of ALXO leaped by -27.44% over the last 30 days. And in the last five days, it has fallen by -12.31%.
