Elevation Oncology Inc (ELEV) 20 Days SMA touch 1.42%: Odds are Looking very much in favour

Elevation Oncology Inc (NASDAQ: ELEV) open the trading on Thursday, with great promise as it jumped 4.93% to $0.58, before settling in for the price of $0.55 at the close. Taking a more long-term approach, ELEV posted a 52-week range of $0.36-$5.83.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Meanwhile, its Annual Earning per share during the time was -52.56%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 36.19%. This publicly-traded company’s shares outstanding now amounts to $59.11 million, simultaneously with a float of $49.99 million. The organization now has a market capitalization sitting at $34.11 million. At the time of writing, stock’s 50-day Moving Average stood at $0.5888, while the 200-day Moving Average is $2.5671.

Elevation Oncology Inc (ELEV) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Biotechnology industry. Elevation Oncology Inc’s current insider ownership accounts for 15.43%, in contrast to 87.19% institutional ownership.

Elevation Oncology Inc (ELEV) Earnings and Revenue Records

Elevation Oncology Inc’s EPS increase for this current 12-month fiscal period is 36.19% and is forecasted to reach -0.91 in the upcoming year.

Elevation Oncology Inc (NASDAQ: ELEV) Trading Performance Indicators

Let’s observe the current performance indicators for Elevation Oncology Inc (ELEV). It’s Quick Ratio in the last reported quarter now stands at 17.77. The Stock has managed to achieve an average true range (ATR) of 0.05.

In the same vein, ELEV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.81, a figure that is expected to reach -0.23 in the next quarter, and analysts are predicting that it will be -0.91 at the market close of one year from today.

Technical Analysis of Elevation Oncology Inc (ELEV)

[Elevation Oncology Inc, ELEV] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 33.27% While, its Average True Range was 0.0509.

Raw Stochastic average of Elevation Oncology Inc (ELEV) in the period of the previous 100 days is set at 2.77%, which indicates a major fall in contrast to 32.95% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 86.41% that was lower than 173.24% volatility it exhibited in the past 100-days period.