Asensus Surgical Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $0.86 on 04/19/23, while the lowest value for the same period was recorded at $0.20 on 10/30/23.
52-week price history of ASXC 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. Asensus Surgical Inc’s current trading price is -67.44% away from its 52-week high, while its distance from the 52-week low is 37.25%. The stock’s price range during the 52-week period has remained between $0.20 and $0.86. In the Healthcare sector, the company’s shares saw a trading volume of around 2.75 million for the day, which was evidently higher than the average daily volume of 1.14 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Asensus Surgical Inc (ASXC) has experienced a quarterly decline of -3.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 74.01M and boasts a workforce of 197 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 0.2802, with a change in price of +0.0566. Similarly, Asensus Surgical Inc recorded 1,273,492 in trading volume during the last 100 days, posting a change of +25.34%.
Examining ASXC’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 ASXC stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.10.
ASXC Stock Stochastic Average
As of today, Asensus Surgical Inc’s raw stochastic average for the last 50 days stands at 24.81%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 31.57%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 22.94% and 20.93%, respectively.
ASXC Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -12.20%. However, over the past six months, we’ve seen a stronger performance of -2.61%. The price of ASXC leaped by -3.45% over the last 30 days. And in the last five days, it has fallen by -3.11%.
