Elevation Oncology Inc (ELEV) went down -10.19% yesterday: Is this the Most Sought-After Stock Today?

Elevation Oncology Inc (NASDAQ: ELEV) started the day on Wednesday, with a price decrease of -10.19% at $3.88, before settling in for the price of $4.32 at the close. Taking a more long-term approach, ELEV posted a 52-week range of $0.36-$5.89.

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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 0.00%. Meanwhile, its Annual Earning per share during the time was -52.56%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 36.27%. This publicly-traded company’s shares outstanding now amounts to $42.42 million, simultaneously with a float of $37.99 million. The organization now has a market capitalization sitting at $188.76 million. At the time of writing, stock’s 50-day Moving Average stood at $4.20, while the 200-day Moving Average is $1.84.

Elevation Oncology Inc (ELEV) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Elevation Oncology Inc’s current insider ownership accounts for 21.92%, in contrast to 66.21% institutional ownership.

Elevation Oncology Inc (ELEV) Earnings and Revenue Records

Elevation Oncology Inc’s EPS increase for this current 12-month fiscal period is 36.27% and is forecasted to reach -0.89 in the upcoming year.

Elevation Oncology Inc (NASDAQ: ELEV) Trading Performance Indicators

Let’s observe the current performance indicators for Elevation Oncology Inc (ELEV). It’s Quick Ratio in the last reported quarter now stands at 21.22. The Stock has managed to achieve an average true range (ATR) of 0.42.

In the same vein, ELEV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.53, a figure that is expected to reach -0.20 in the next quarter, and analysts are predicting that it will be -0.89 at the market close of one year from today.

Technical Analysis of Elevation Oncology Inc (ELEV)

If we take a close look at the recent performances of Elevation Oncology Inc (NASDAQ: ELEV), its last 5-days Average volume was 0.56 million that shows plunge from its year to date volume of 2.61 million. During the previous 9 days, stock’s Stochastic %D was recorded 30.18% While, its Average True Range was 0.40.

Raw Stochastic average of Elevation Oncology Inc (ELEV) in the period of the previous 100 days is set at 63.82%, which indicates a major rise in contrast to 12.50% 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 82.17% that was lower than 170.06% volatility it exhibited in the past 100-days period.