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. MeridianLink Inc’s current trading price is -32.96% away from its 52-week high, while its distance from the 52-week low is 9.04%. The stock’s price range during this period has varied between $15.57 and $25.33. The company, active in the Technology sector, saw a trading volume of around 0.64 million for the day, considerably higher average daily volume of 0.29 million observed over the last three months.
MeridianLink Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $25.33 on 09/18/24, and the lowest price during that time was $15.57, recorded on 04/07/25.
How Financial Performance Impacts Market Capitalization
MeridianLink Inc (MLNK) has experienced a quarterly decline of -11.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.31B and boasts a workforce of 682 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How MLNK’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 MLNK stands at 1.08. Similarly, the long-term debt-to-equity ratio is also 1.07.
MLNK 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 -17.77%. However, over the past six months, we’ve seen a stronger performance of -26.17%. The price of MLNK leaped by -2.69% over the last 30 days. And in the last five days, it has surged by 0.71%.