A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Tonix Pharmaceuticals Holding Corp’s current trading price is -97.47% away from its 52-week high, while its distance from the 52-week low is 151.78%. The stock’s price range for this time frame has been between $6.76 and $672.00. The trading volume of the company’s shares in the Healthcare reached around 0.78 million for the day, which was evidently lower than the average daily volume of 1.67 million over the last three months.
Tonix Pharmaceuticals Holding Corp’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $672.00 on 05/17/24, and the lowest price during the same period was recorded at $6.76 on 03/04/25.
How Financial Performance Impacts Market Capitalization
Tonix Pharmaceuticals Holding Corp (TNXP) has experienced a quarterly decline of -46.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 117.06M and boasts a workforce of 81 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 21.98, with a change in price of -2.18. Similarly, Tonix Pharmaceuticals Holding Corp recorded 1,609,206 in trading volume during the last 100 days, posting a change of -11.35%.
How TNXP’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 TNXP stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.04.
TNXP Stock Stochastic Average
Tonix Pharmaceuticals Holding Corp’s raw stochastic average for the past 50 days is currently at 33.02%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 15.91%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 7.78% and 5.89%, respectively.
TNXP Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -48.39%. However, over the last six months, the performance has been stronger by -5.44%. The price of TNXP decreased -44.22% over the last 30 days. And in the last five days, it has surged by 0.12%.