Neogen Corp saw a rather unpredictable run in, in terms of market performance.
52-week price history of NEOG Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Neogen Corp’s current trading price is -68.57% away from its 52-week high, while its distance from the 52-week low is 50.90%. The stock’s price range during this period has spanned from $3.87 to $18.58. In the Healthcare sector, the Neogen Corp’s shares surpassed a trading volume of approximately 4.3 million for the day, which was noticeably lower compared to the average daily volume of 9.6.85 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Neogen Corp (NEOG) has experienced a quarterly decline of -40.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.27B and boasts a workforce of 2917 employees.
Making Sense of Trading Volume and Moving Average Data
Examining NEOG’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NEOG stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.33.
NEOG Stock Price Performance Analysis
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 index has shown a price loss of -51.89% this year. Over the last six months, there has been a stronger performance of -52.79%. The price of NEOG leaped by -2.18% during the last 30 days period. For the last 5-days stocks have slided -2.67%.
