On Monday, Erasca Inc (NASDAQ: ERAS) was 5.51% up from the session before settling in for the closing price of $2.72. A 52-week range for ERAS has been $1.51 – $3.45.
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When this article was written, the company’s average yearly earnings per share was at -2.12%. With a float of $175.38 million, this company’s outstanding shares have now reached $282.50 million.
The firm has a total of 126 workers. Let’s measure their productivity. In terms of profitability, gross margin is 28.66%, operating margin of -2735.9%, and the pretax margin is -2836.56%.
Erasca Inc (ERAS) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Erasca Inc stocks. The insider ownership of Erasca Inc is 37.92%, while institutional ownership is 50.64%. The most recent insider transaction that took place on Oct 15 ’24, was worth 22,306. Before that another transaction happened on Sep 16 ’24, when Company’s Affiliate proposed sale 8,333 for $2.89, making the entire transaction worth $24,090.
Erasca Inc (ERAS) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -2.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.10% during the next five years compared to -69.36% drop over the previous five years of trading.
Erasca Inc (NASDAQ: ERAS) Trading Performance Indicators
You can see what Erasca Inc (ERAS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 16.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.92, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.74 in one year’s time.
Technical Analysis of Erasca Inc (ERAS)
Analysing the last 5-days average volume posted by the [Erasca Inc, ERAS], we can find that recorded value of 1.37 million was lower than the volume posted last year of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 65.17%. Additionally, its Average True Range was 0.19.
During the past 100 days, Erasca Inc’s (ERAS) raw stochastic average was set at 61.07%, which indicates a significant decrease from 86.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.05% in the past 14 days, which was lower than the 69.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.76, while its 200-day Moving Average is $2.39. Now, the first resistance to watch is $2.97. This is followed by the second major resistance level at $3.08. The third major resistance level sits at $3.25. If the price goes on to break the first support level at $2.70, it is likely to go to the next support level at $2.53. Now, if the price goes above the second support level, the third support stands at $2.42.
Erasca Inc (NASDAQ: ERAS) Key Stats
There are 282,504K outstanding shares of the company, which has a market capitalization of 851.48 million. As of now, sales total 0 K while income totals -125,040 K. Its latest quarter income was 0 K while its last quarter net income were -63,200 K.
