The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant loss of -72.47% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -57.22%. Over the past 30 days, the price of NEOG has leaped by -6.02%. And in the last five days, it has fallen by -3.11%.
The current stock price for Neogen Corp (NEOG) is $4.68. The stock experienced a significant increase during the last trading session, reaching $8.0 after opening at $4.68. It dipped to a low of $5.0 before ultimately closing at $4.68.
Neogen Corp’s stock has had a tumultuous market performance.
52-week price history of NEOG Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Neogen Corp’s current trading price is -73.93% away from its 52-week high, while its distance from the 52-week low is 20.93%. The stock’s price range over this timeframe has been between $3.87 and $17.95. The shares of the Healthcare sector company recorded a trading volume of approximately 5.56 million for the day, which was comparatively lower than the average daily volume of 5.74 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Neogen Corp (NEOG) has experienced a quarterly decline of -17.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.02B and boasts a workforce of 2974 employees.
Expert Opinions: Analysts’ Ratings for Neogen Corp
As of right now, 1 analyst is rating Neogen Corp as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.98, with a change in price of -4.80. Similarly, Neogen Corp recorded 6,600,885 in trading volume during the last 100 days, posting a change of -50.63%.
NEOG’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for NEOG stands at 0.44. Similarly, the long-term debt-to-equity ratio is also 0.43.
NEOG Stock Stochastic Average
The raw stochastic average for Neogen Corp over the last 50 days is presently at 7.87%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 10.16%. Further, the company’s Stochastic %K and %D values for the last 20 days were 9.60% and 7.74%, respectively.
