Elevation Oncology Inc (NASDAQ: ELEV) kicked off on Friday, down -6.75% from the previous trading day, before settling in for the closing price of $0.62. Over the past 52 weeks, ELEV has traded in a range of $0.36-$5.83.
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While this was happening, its average annual earnings per share was recorded 41.26%. With a float of $49.99 million, this company’s outstanding shares have now reached $59.11 million.
The extent of productivity of a business whose workforce counts for 29 workers is very important to gauge. In terms of profitability, gross margin is 43.1%, operating margin of -68444.83%, and the pretax margin is -68381.03%.
Elevation Oncology Inc (ELEV) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Elevation Oncology Inc is 15.43%, while institutional ownership is 84.45%.
Elevation Oncology Inc (ELEV) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.25 earnings per share (EPS), higher than consensus estimate (set at -0.32) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.26% per share during the next fiscal year.
Elevation Oncology Inc (NASDAQ: ELEV) Trading Performance Indicators
Take a look at Elevation Oncology Inc’s (ELEV) current performance indicators. Last quarter, stock had a quick ratio of 41.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.84, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.83 in one year’s time.
Technical Analysis of Elevation Oncology Inc (ELEV)
The latest stats from [Elevation Oncology Inc, ELEV] show that its last 5-days average volume of 1.14 million was inferior to 1.62 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.35%. Additionally, its Average True Range was 0.05.
During the past 100 days, Elevation Oncology Inc’s (ELEV) raw stochastic average was set at 2.46%, which indicates a significant decrease from 43.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.82% in the past 14 days, which was lower than the 172.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6263, while its 200-day Moving Average is $2.6577. Now, the first resistance to watch is $0.6267. This is followed by the second major resistance level at $0.6713. The third major resistance level sits at $0.6937. If the price goes on to break the first support level at $0.5597, it is likely to go to the next support level at $0.5373. The third support level lies at $0.4927 if the price breaches the second support level.
Elevation Oncology Inc (NASDAQ: ELEV) Key Stats
The company with the Market Capitalisation of 34.40 million has total of 54,638K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -45,700 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -10,460 K.
