The market performance of AMGEN Inc has been somewhat unstable.
52-week price history of AMGN Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. AMGEN Inc’s current trading price is -15.98% away from its 52-week high, while its distance from the 52-week low is 15.05%. The stock’s price range during this period has fluctuated between $253.30 and $346.85. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 1.57 million for the day, which was evidently lower than the average daily volume of 2.97 million over the last three months.
Financial Performance and Market Capitalization
AMGEN Inc (AMGN) has experienced a quarterly decline of -7.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 156.70B and boasts a workforce of 28000 employees.
Moving average and trading volume data
AMGN Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for AMGN stands at 9.24. Similarly, the long-term debt-to-equity ratio is also 8.70.
AMGN 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. Year to date metric has recorded a gain of 11.81%.However, over the last six months, we can see a weaker performance of 9.35%. Over the last 30 days, the price of AMGN has fallen by 5.97%. And in the last five days, it has fallen by -1.97%.
