Advanced Biomed Inc experienced a rather shaky stock market performance.
52-week price history of ADVB Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Advanced Biomed Inc’s current trading price is -90.59% away from its 52-week high, while its distance from the 52-week low is -8.36%. The stock’s price range during the 52-week period has remained between $0.42 and $4.10. In the Healthcare sector, the company’s shares saw a trading volume of around 26.12 million for the day, which was evidently higher than the average daily volume of 0.19 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Advanced Biomed Inc (ADVB) has experienced a quarterly decline of -81.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.35M and boasts a workforce of 40 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5671, with a change in price of -3.3535. Similarly, Advanced Biomed Inc recorded 408,821 in trading volume during the last 100 days, posting a change of -89.68%.
Examining ADVB’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ADVB stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.00.
ADVB Stock Stochastic Average
Advanced Biomed Inc’s raw stochastic average for the past 50 days is presently 1.74%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 2.80%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 2.23% and 2.61%, respectively.
ADVB 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.
