A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. 180 Life Sciences Corp’s current trading price is -82.08% away from its 52-week high, while its distance from the 52-week low is 383.43%. The stock’s price range for this time frame has been between $0.66 and $17.75. The trading volume of the company’s shares in the Healthcare reached around 0.52 million for the day, which was evidently lower than the average daily volume of 2.23 million over the last three months.
In terms of market performance, 180 Life Sciences Corp had a somewhat regular.
How Financial Performance Impacts Market Capitalization
180 Life Sciences Corp (ATNF) has experienced a quarterly rise of 165.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.20M and boasts a workforce of 3 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 1.21, with a change in price of +2.05. Similarly, 180 Life Sciences Corp recorded 1,476,006 in trading volume during the last 100 days, posting a change of +181.42%.
How ATNF’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 ATNF stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.00.
ATNF Stock Stochastic Average
180 Life Sciences Corp’s raw stochastic average for the past 50 days is currently at 61.23%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 60.45%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 64.76% and 65.89%, respectively.
ATNF Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 52.88% this year. Over the last six months, there has been a weaker performance of 127.14%. The price of ATNF fallen by 261.12% during the last 30 days period. For the last 5-days stocks have improved 9.28%.
