On Friday, Beam Therapeutics Inc (NASDAQ: BEAM) was 4.66% up from the session before settling in for the closing price of $21.91. A 52-week range for BEAM has been $18.85 – $49.50.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 43297.50%. When this article was written, the company’s average yearly earnings per share was at -172.04%. With a float of $71.66 million, this company’s outstanding shares have now reached $81.63 million.
The extent of productivity of a business whose workforce counts for 436 workers is very important to gauge. In terms of profitability, gross margin is 93.24%, operating margin of -52.31%, and the pretax margin is -40.16%.
Beam Therapeutics Inc (BEAM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Beam Therapeutics Inc stocks. The insider ownership of Beam Therapeutics Inc is 13.05%, while institutional ownership is 80.18%. The most recent insider transaction that took place on Oct 14 ’24, was worth 1,342,752. In this transaction President of this company sold 51,110 shares at a rate of $26.27, taking the stock ownership to the 160,260 shares. Before that another transaction happened on Oct 14 ’24, when Company’s Officer proposed sale 102,220 for $24.65, making the entire transaction worth $2,519,723.
Beam Therapeutics Inc (BEAM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -172.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.70% during the next five years compared to 5.58% growth over the previous five years of trading.
Beam Therapeutics Inc (NASDAQ: BEAM) Trading Performance Indicators
You can see what Beam Therapeutics Inc (BEAM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.80, a number that is poised to hit -1.18 in the next quarter and is forecasted to reach -4.64 in one year’s time.
Technical Analysis of Beam Therapeutics Inc (BEAM)
The latest stats from [Beam Therapeutics Inc, BEAM] show that its last 5-days average volume of 0.79 million was inferior to 1.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 54.91%. Additionally, its Average True Range was 1.13.
During the past 100 days, Beam Therapeutics Inc’s (BEAM) raw stochastic average was set at 13.86%, which indicates a significant decrease from 28.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.57% in the past 14 days, which was lower than the 61.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.33, while its 200-day Moving Average is $26.75. Now, the first resistance to watch is $23.34. This is followed by the second major resistance level at $23.76. The third major resistance level sits at $24.40. If the price goes on to break the first support level at $22.29, it is likely to go to the next support level at $21.64. The third support level lies at $21.23 if the price breaches the second support level.
Beam Therapeutics Inc (NASDAQ: BEAM) Key Stats
There are 82,416K outstanding shares of the company, which has a market capitalization of 1.98 billion. As of now, sales total 377,710 K while income totals -132,530 K. Its latest quarter income was 11,770 K while its last quarter net income were -91,050 K.
