A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant loss of -61.51% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -53.85%. Over the past 30 days, the price of SRXH has leaped by -27.31%. And in the last five days, it has surged by 17.07%.
The market performance of SRX Health Solutions Inc has been somewhat unstable.
52-week price history of SRXH Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. SRX Health Solutions Inc’s current trading price is -86.70% away from its 52-week high, while its distance from the 52-week low is 44.09%. The stock’s price range for this period has been between $0.47 and $5.04. The Healthcare sector company’s shares saw a trading volume of about 0.81 million for the day, which was lower than the average daily volume of 2.4 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
SRX Health Solutions Inc (SRXH) has experienced a quarterly decline of -43.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.81M and boasts a workforce of 21 employees.
How Moving Averages and Trading Volume Data Work Together
SRXH’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for SRXH stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.00.