Shockwave Medical Inc. Shares Close the Week 24.8% Higher - Weekly Wrap

The company saw its shares close the week 24.8% higher than last week, with trading volume lower than its 30 day average.

Mar 12, 2021 by Kwhen Finance Editors

Shockwave Medical Inc. Shares Close the Week 24.8% Higher - Weekly Wrap
Shockwave Medical Inc. shares closed this week 24.8% higher than it did at the end of last week. The stock is currently up 11.6% year-to-date, up 281.3% over the past 12 months, and up 279.3% over the past five years. This week, the Dow Jones Industrial Average rose 3.7%, and the S&P 500 rose 3.8%.

Trading Activity

  • Shares traded as high as $116.62 and as low as $94.00 this week.
  • Trading volume this week was 12.2% lower than the 10-day average and 27.9% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.5.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price beats the performance of its peers in the Health Care industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Shockwave Medical Inc.0.311.6281.3
Dow Jones Industrial Average0.58.245.2-0.384.0
S&P 500 Index0.66.049.9-0.683.0
Health Care0.72.032.3-3.362.2

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -32.6%
  • The company's stock price performance over the past 12 months beats the peer average by 170.4%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Shockwave Medical Inc.SWAV011.6281.3
Peer AvgN/A-22.717.1104.0
Inari Medical Inc.NARI031.2169.3
NuVasive Inc.NUVA-91.016.851.5
NeuroMetrix Inc.NURO020.6195.3

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?