Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Orthofix Medical Inc’s current trading price is -40.62% away from its 52-week high, while its distance from the 52-week low is 20.21%. The stock’s price range over this period has fluctuated between $10.24 and $20.73. The company, operating within the financial sector, had a trading volume of approximately 0.85 million for the day, which was noticeably higher than the average daily share volume of 0.43 million over the last 3 months.
At present, Orthofix Medical Inc (OFIX) has a stock price of $12.31. In the previous session, the stock saw a rise, peaking at $27.2 after an opening price of $12.31. The day’s lowest price was $16.0, and it closed at $10.85.
Orthofix Medical Inc saw a rather unpredictable run in, in terms of market performance.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Orthofix Medical Inc (OFIX) has experienced a quarterly decline of -9.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 482.31M and boasts a workforce of 1616 employees.
Orthofix Medical Inc: What Analysts Are Saying
As of right now, 3 analysts are rating Orthofix Medical Inc as a BUY, 1 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.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.61, with a change in price of -4.45. Similarly, Orthofix Medical Inc recorded 367,984 in trading volume during the last 100 days, posting a change of -26.55%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for OFIX stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.41.
OFIX Stock Stochastic Average
Today, Orthofix Medical Inc’s raw stochastic average for the past 50 days stands at 92.41%, indicating a rise from the raw stochastic average of the last 20 days, which was 91.24%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 45.41% and 39.12% respectively.
OFIX 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. Year to date metric has recorded a loss of -21.94%.However, over the last six months, we can see a stronger performance of -32.36%. Over the last 30 days, the price of OFIX has fallen by 14.83%. And in the last five days, it has surged by 6.76%.
