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 gain of 85.15% this year. Over the last six months, there has been a weaker performance of 53.12%. The price of IRTC fallen by 15.54% during the last 30 days period. For the last 5-days stocks have improved 22.95%.
The present stock price for iRhythm Technologies Inc (IRTC) is $164.97. In the last trading session, the stock made a considerable jump, reaching $190.0 after an opening price of $164.97. The stock briefly fell to $147.0 before ending the session at $140.18.
iRhythm Technologies Inc ‘s stock market performance has been somewhat predictable.
52-week price history of IRTC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. iRhythm Technologies Inc’s current trading price is 4.99% away from its 52-week high, while its distance from the 52-week low is 195.01%. The stock’s price range during this period has varied between$55.92 and $157.13. The iRhythm Technologies Inc’s shares, which operate in the Healthcare, saw a trading volume of around 1.88 million for the day, a figure considerably higher than their average daily volume of 0.52 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
iRhythm Technologies Inc (IRTC) has experienced a quarterly rise of 51.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.30B and boasts a workforce of 2000 employees.
iRhythm Technologies Inc: Analysts’ Ratings Unveiled
As of right now, 9 analysts are rating iRhythm Technologies Inc as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 127.46, with a change in price of +66.97. Similarly, iRhythm Technologies Inc recorded 472,583 in trading volume during the last 100 days, posting a change of +68.34%.
IRTC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for IRTC stands at 7.09. Similarly, the long-term debt-to-equity ratio is also 6.93.
IRTC Stock Stochastic Average
As of today, iRhythm Technologies Inc’s raw stochastic average for the last 50 days stands at 91.37%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 91.37%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 75.61% and 56.88%, respectively.
