EQRx Inc. (NASDAQ: EQRX) started the day on May 18, 2023, with a price increase of 1.20% at $1.69. During the day, the stock rose to $1.70 and sunk to $1.63 before settling in for the price of $1.67 at the close. Taking a more long-term approach, EQRX posted a 52-week range of $1.58-$6.05.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is -67.30%. This publicly-traded company’s shares outstanding now amounts to $480.01 million, simultaneously with a float of $412.64 million. The organization now has a market capitalization sitting at $820.82 million. At the time of writing, stock’s 50-day Moving Average stood at $1.8230, while the 200-day Moving Average is $3.3006.
EQRx Inc. (EQRX) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. EQRx Inc.’s current insider ownership accounts for 10.85%, in contrast to 79.10% institutional ownership.
EQRx Inc. (EQRX) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2023, the organization reported -$0.17 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.15) by -$0.02. This company achieved a return on equity of -11.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
EQRx Inc.’s EPS decrease for this current 12-month fiscal period is -67.30% and is forecasted to reach -0.68 in the upcoming year.
EQRx Inc. (NASDAQ: EQRX) Trading Performance Indicators
Let’s observe the current performance indicators for EQRx Inc. (EQRX). It’s Quick Ratio in the last reported quarter now stands at 22.60. The Stock has managed to achieve an average true range (ATR) of 0.12.
In the same vein, EQRX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.36, a figure that is expected to reach -0.14 in the next quarter, and analysts are predicting that it will be -0.68 at the market close of one year from today.
Technical Analysis of EQRx Inc. (EQRX)
If we take a close look at the recent performances of EQRx Inc. (NASDAQ: EQRX), its last 5-days Average volume was 1.12 million that shows plunge from its year to date volume of 2.54 million. During the previous 9 days, stock’s Stochastic %D was recorded 23.33% While, its Average True Range was 0.1131.
Raw Stochastic average of EQRx Inc. (EQRX) in the period of the previous 100 days is set at 7.91%, which indicates a major fall in contrast to 34.38% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 76.23% that was higher than 65.37% volatility it exhibited in the past 100-days period.
