January 24, 2023, Erasca Inc. (NASDAQ: ERAS) trading session started at the price of $3.87, that was 1.54% jump from the session before. During the day, the shares moved up to $4.09 and dropped to $3.82 before settling in for the closing price of $3.89. A 52-week range for ERAS has been $3.60 – $12.80.
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When this article was written, the company’s average yearly earnings per share was at -116.70%. With a float of $100.19 million, this company’s outstanding shares have now reached $120.80 million.
The firm has a total of 123 workers. Let’s measure their productivity.
Erasca Inc. (ERAS) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Erasca Inc. stocks. The insider ownership of Erasca Inc. is 0.30%, while institutional ownership is 72.30%. The most recent insider transaction that took place on Jan 10, was worth 231,420. In this transaction Chairman & CEO of this company bought 60,000 shares at a rate of $3.86, taking the stock ownership to the 20,256,222 shares. Before that another transaction happened on Dec 21, when Company’s Director bought 10,000 for $4.64, making the entire transaction worth $46,400. This insider now owns 10,000 shares in total.
Erasca Inc. (ERAS) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/29/2022, it has been observed that the corporation posted -$0.3 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.33) by $0.03. This company achieved a return on equity of -43.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -116.70% per share during the next fiscal year.
Erasca Inc. (NASDAQ: ERAS) Trading Performance Indicators
You can see what Erasca Inc. (ERAS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 13.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach -1.32 in one year’s time.
Technical Analysis of Erasca Inc. (ERAS)
Analysing the last 5-days average volume posted by the [Erasca Inc., ERAS], we can find that recorded value of 0.88 million was lower than the volume posted last year of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 33.93%. Additionally, its Average True Range was 0.37.
During the past 100 days, Erasca Inc.’s (ERAS) raw stochastic average was set at 5.55%, which indicates a significant decrease from 41.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.02% in the past 14 days, which was lower than the 85.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.54, while its 200-day Moving Average is $6.88. Now, the first resistance to watch is $4.09. This is followed by the second major resistance level at $4.22. The third major resistance level sits at $4.36. If the price goes on to break the first support level at $3.82, it is likely to go to the next support level at $3.68. Now, if the price goes above the second support level, the third support stands at $3.55.
Erasca Inc. (NASDAQ: ERAS) Key Stats
There are 122,362K outstanding shares of the company, which has a market capitalization of 539.61 million. As of now, sales total 0 K while income totals -122,760 K. Its latest quarter income was 0 K while its last quarter net income were -35,489 K.