Editas Medicine Inc (NASDAQ: EDIT) kicked off on Friday, up 5.63% from the previous trading day, before settling in for the closing price of $3.20. Over the past 52 weeks, EDIT has traded in a range of $3.15-$11.69.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 101.57%. While this was happening, its average annual earnings per share was recorded -44.92%. With a float of $81.70 million, this company’s outstanding shares have now reached $81.77 million.
Let’s determine the extent of company efficiency that accounts for 265 employees.
Editas Medicine Inc (EDIT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Editas Medicine Inc is 0.94%, while institutional ownership is 69.58%. The most recent insider transaction that took place on Sep 04 ’24, was worth 1,774. In this transaction EVP, CHIEF MEDICAL OFFICER of this company sold 518 shares at a rate of $3.42, taking the stock ownership to the 133,895 shares. Before that another transaction happened on Sep 04 ’24, when Company’s CEO sold 1,555 for $3.42, making the entire transaction worth $5,325. This insider now owns 313,724 shares in total.
Editas Medicine Inc (EDIT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -44.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.70% during the next five years compared to 2.88% growth over the previous five years of trading.
Editas Medicine Inc (NASDAQ: EDIT) Trading Performance Indicators
Take a look at Editas Medicine Inc’s (EDIT) current performance indicators. Last quarter, stock had a quick ratio of 3.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.36, a number that is poised to hit -0.79 in the next quarter and is forecasted to reach -2.75 in one year’s time.
Technical Analysis of Editas Medicine Inc (EDIT)
Looking closely at Editas Medicine Inc (NASDAQ: EDIT), its last 5-days average volume was 2.02 million, which is a jump from its year-to-date volume of 1.91 million. As of the previous 9 days, the stock’s Stochastic %D was 18.60%. Additionally, its Average True Range was 0.21.
During the past 100 days, Editas Medicine Inc’s (EDIT) raw stochastic average was set at 6.50%, which indicates a significant decrease from 23.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.06% in the past 14 days, which was lower than the 65.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.96, while its 200-day Moving Average is $6.19. However, in the short run, Editas Medicine Inc’s stock first resistance to watch stands at $3.49. Second resistance stands at $3.60. The third major resistance level sits at $3.73. If the price goes on to break the first support level at $3.26, it is likely to go to the next support level at $3.13. Now, if the price goes above the second support level, the third support stands at $3.02.
Editas Medicine Inc (NASDAQ: EDIT) Key Stats
The company with the Market Capitalisation of 278.78 million has total of 82,238K Shares Outstanding. Its annual sales at the moment are 78,120 K in contrast with the sum of -153,220 K annual income. Company’s last quarter sales were recorded 510 K and last quarter income was -67,610 K.
