On Friday, Monte Rosa Therapeutics Inc (NASDAQ: GLUE) opened higher 3.68% from the last session, before settling in for the closing price of $6.25. Price fluctuations for GLUE have ranged from $2.44 to $8.84 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 27.69% at the time writing. With a float of $43.46 million, this company’s outstanding shares have now reached $50.14 million.
Let’s look at the performance matrix of the company that is accounted for 133 employees.
Monte Rosa Therapeutics Inc (GLUE) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Monte Rosa Therapeutics Inc is 29.19%, while institutional ownership is 62.18%. The most recent insider transaction that took place on Sep 11 ’24, was worth 3,251,382. In this transaction 10% Owner of this company sold 541,897 shares at a rate of $6.00, taking the stock ownership to the 6,257,218 shares. Before that another transaction happened on Sep 12 ’24, when Company’s 10% Owner sold 16,047 for $6.00, making the entire transaction worth $96,309. This insider now owns 6,241,171 shares in total.
Monte Rosa Therapeutics Inc (GLUE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 27.69% per share during the next fiscal year.
Monte Rosa Therapeutics Inc (NASDAQ: GLUE) Trading Performance Indicators
Check out the current performance indicators for Monte Rosa Therapeutics Inc (GLUE). In the past quarter, the stock posted a quick ratio of 6.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 69.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.24, a number that is poised to hit -0.47 in the next quarter and is forecasted to reach -1.83 in one year’s time.
Technical Analysis of Monte Rosa Therapeutics Inc (GLUE)
Monte Rosa Therapeutics Inc (NASDAQ: GLUE) saw its 5-day average volume 0.71 million, a positive change from its year-to-date volume of 0.21 million. As of the previous 9 days, the stock’s Stochastic %D was 59.93%. Additionally, its Average True Range was 0.59.
During the past 100 days, Monte Rosa Therapeutics Inc’s (GLUE) raw stochastic average was set at 85.16%, which indicates a significant increase from 74.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.70% in the past 14 days, which was lower than the 98.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.18, while its 200-day Moving Average is $5.30. Nevertheless, the first resistance level for the watch stands at $6.88 in the near term. At $7.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.71. If the price goes on to break the first support level at $6.05, it is likely to go to the next support level at $5.61. The third support level lies at $5.22 if the price breaches the second support level.
Monte Rosa Therapeutics Inc (NASDAQ: GLUE) Key Stats
There are currently 50,512K shares outstanding in the company with a market cap of 397.68 million. Presently, the company’s annual sales total 0 K according to its annual income of -135,350 K. Last quarter, the company’s sales amounted to 4,700 K and its income totaled -30,310 K.
