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. BioAffinity Technologies Inc’s current trading price is -90.41% away from its 52-week high, while its distance from the 52-week low is 74.98%. The stock’s price range during this period has varied between $0.16 and $2.99. The company, active in the Healthcare sector, saw a trading volume of around 0.98 million for the day, considerably lower average daily volume of 7.04 million observed over the last three months.
BioAffinity Technologies Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $2.99 on 07/24/24, and the lowest price during the same period was recorded at $0.16 on 05/06/25.
How Financial Performance Impacts Market Capitalization
BioAffinity Technologies Inc (BIAF) has experienced a quarterly decline of -48.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.16M and boasts a workforce of 57 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 0.3865, with a change in price of -0.4992. Similarly, BioAffinity Technologies Inc recorded 10,184,783 in trading volume during the last 100 days, posting a change of -63.51%.
How BIAF’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 BIAF stands at 0.92. Similarly, the long-term debt-to-equity ratio is also 0.48.
BIAF Stock Stochastic Average
As of today, the raw stochastic average of BioAffinity Technologies Inc over the past 50 days is 36.57%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 27.83%. Additionally, the Stochastic %K and %D values for the company were 33.83% and 40.06%, respectively, over the past 20 days.
BIAF Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -88.53%.However, over the last six months, we can see a stronger performance of -68.86%. Over the last 30 days, the price of BIAF has leaped by -2.55%. And in the last five days, it has fallen by -2.15%.