The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Wellgistics Health Inc’s current trading price is -43.59% away from its 52-week high, while its distance from the 52-week low is 38.36%. The stock’s price range for this period has been between $2.32 and $5.69 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 11.63 million for the day, a number notably higher than the average daily volume of 0.15 million over the last three months.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for WGRX stands at 3.73. Similarly, the long-term debt-to-equity ratio is also 1.86.
WGRX Stock Stochastic Average
Wellgistics Health Inc’s raw stochastic average for the past 50 days is presently 14.13%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 7.06%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 59.79% and 79.76%, respectively.
WGRX Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded a decrease of -15.75%. The price of WGRX decreased -15.97% over the last 30 days. And in the last five days, it has fallen by -25.35%.
