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. AMGEN Inc’s current trading price is -16.08% away from its 52-week high, while its distance from the 52-week low is 14.92%. The stock’s price range during this period has varied between $253.30 and $346.85. The company, active in the Healthcare sector, saw a trading volume of around 6.04 million for the day, considerably higher average daily volume of 3.2 million observed over the last three months.
AMGEN Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $346.85 on 07/25/24, and the lowest price during that time was $253.30, recorded on 12/19/24.
How Financial Performance Impacts Market Capitalization
AMGEN Inc (AMGN) has experienced a quarterly rise of 11.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 156.37B and boasts a workforce of 28000 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 288.88, with a change in price of -7.75. Similarly, AMGEN Inc recorded 3,607,234 in trading volume during the last 100 days, posting a change of -2.59%.
How AMGN’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 AMGN stands at 10.36. Similarly, the long-term debt-to-equity ratio is also 9.74.
AMGN Stock Stochastic Average
As of today, the raw stochastic average of AMGEN Inc over the last 50 days is at 34.59%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 45.64%. Further, the company’s Stochastic %K and %D values for the last 20 days were 23.02% and 15.53%, respectively.
AMGN Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 11.68%. However, over the last six months, the performance has been stronger by -8.30%. The price of AMGN decreased -8.72% over the last 30 days. And in the last five days, it has fallen by -4.78%.
