On Friday, T2 Biosystems Inc (NASDAQ: TTOO) was -14.29% drop from the session before settling in for the closing price of $1.26. A 52-week range for TTOO has been $1.18 – $8.38.
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Healthcare Sector giant saw their annual sales surged by 12.68% over the last five years. With a float of $6.02 million, this company’s outstanding shares have now reached $17.48 million.
The firm has a total of 113 workers. Let’s measure their productivity. In terms of profitability, gross margin is -88.0%, operating margin of -629.55%, and the pretax margin is -677.58%.
T2 Biosystems Inc (TTOO) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward T2 Biosystems Inc stocks. The insider ownership of T2 Biosystems Inc is 65.53%, while institutional ownership is 13.45%. The most recent insider transaction that took place on Sep 13 ’24, was worth 133. In this transaction Director of this company sold 55 shares at a rate of $2.42, taking the stock ownership to the 23 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Director proposed sale 55 for $2.41, making the entire transaction worth $132.
T2 Biosystems Inc (TTOO) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -8 earnings per share (EPS) during the time that was better than consensus figure (set at -26.67) by 18.67. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.49 per share during the current fiscal year.
T2 Biosystems Inc (NASDAQ: TTOO) Trading Performance Indicators
You can see what T2 Biosystems Inc (TTOO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.29, a number that is poised to hit -0.17 in the next quarter
Technical Analysis of T2 Biosystems Inc (TTOO)
Analysing the last 5-days average volume posted by the [T2 Biosystems Inc, TTOO], we can find that recorded value of 1.53 million was better than the volume posted last year of 0.29 million. As of the previous 9 days, the stock’s Stochastic %D was 10.75%. Additionally, its Average True Range was 0.19.
During the past 100 days, T2 Biosystems Inc’s (TTOO) raw stochastic average was set at 0.17%, which indicates a significant decrease from 1.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.34% in the past 14 days, which was higher than the 79.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.2994, while its 200-day Moving Average is $3.9049. Now, the first resistance to watch is $1.2067. This is followed by the second major resistance level at $1.3333. The third major resistance level sits at $1.4017. If the price goes on to break the first support level at $1.0117, it is likely to go to the next support level at $0.9433. Now, if the price goes above the second support level, the third support stands at $0.8167.
T2 Biosystems Inc (NASDAQ: TTOO) Key Stats
There are 8,793K outstanding shares of the company, which has a market capitalization of 18.88 million. As of now, sales total 7,190 K while income totals -50,080 K. Its latest quarter income was 1,950 K while its last quarter net income were -8,960 K.
