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. Sangamo Therapeutics Inc’s current trading price is -75.68% away from its 52-week high, while its distance from the 52-week low is 154.28%. The stock’s price range during this period has varied between $0.30 and $3.18. The company, active in the Healthcare sector, saw a trading volume of around 4.01 million for the day, considerably lower average daily volume of 6.62 million observed over the last three months.
Sangamo Therapeutics Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $3.18 on 11/08/24, and the lowest price during that time was $0.30, recorded on 07/05/24.
How Financial Performance Impacts Market Capitalization
Sangamo Therapeutics Inc (SGMO) has experienced a quarterly decline of -32.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 173.70M and boasts a workforce of 183 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 1.2768, with a change in price of -1.1496. Similarly, Sangamo Therapeutics Inc recorded 7,212,955 in trading volume during the last 100 days, posting a change of -59.26%.
How SGMO’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 SGMO stands at 1.34. Similarly, the long-term debt-to-equity ratio is also 1.15.
SGMO Stock Stochastic Average
As of today, the raw stochastic average of Sangamo Therapeutics Inc over the past 50 days is 37.21%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 74.76%. Additionally, the Stochastic %K and %D values for the company were 65.93% and 56.36%, respectively, over the past 20 days.
SGMO 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 -24.22%. However, over the past six months, we’ve seen a stronger performance of -16.04%. The price of SGMO leaped by -11.15% over the last 30 days. And in the last five days, it has surged by 4.71%.
