A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Medpace Holdings Inc’s current trading price is 4.91% away from its 52-week high, while its distance from the 52-week low is 84.76%. The stock’s price range for this time frame has been between $250.05 and $440.38. The trading volume of the company’s shares in the Healthcare reached around 2.46 million for the day, which was evidently higher than the average daily volume of 0.43 million over the last three months.
Medpace Holdings Inc (MEDP) currently has a stock price of $462.0. The stock saw a sharp increase in the last trading session, hitting a high of $342.0 after opening at $471.44. The lowest recorded price for the day was $270.0 before it closed at $308.88.
Medpace Holdings Inc’s stock has seen a smooth market performance.
How Financial Performance Impacts Market Capitalization
Medpace Holdings Inc (MEDP) has experienced a quarterly rise of 59.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.28B and boasts a workforce of 5900 employees.
Decoding Analysts’ Ratings for Medpace Holdings Inc
As of right now, 2 analysts are rating Medpace Holdings Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 309.86, with a change in price of +120.11. Similarly, Medpace Holdings Inc recorded 485,490 in trading volume during the last 100 days, posting a change of +35.38%.
How MEDP’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 MEDP stands at 0.72. Similarly, the long-term debt-to-equity ratio is also 0.72.
MEDP Stock Stochastic Average
Medpace Holdings Inc’s raw stochastic average for the past 50 days is currently at 80.76%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 78.68%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 40.19% and 41.04%, respectively.
MEDP Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 8.97%.However, over the last six months, we can see a weaker performance of 36.95%. Over the last 30 days, the price of MEDP has fallen by 49.34%. And in the last five days, it has surged by 47.74%.
