T2 Biosystems Inc (NASDAQ: TTOO) established initial surge of 4.66% at $0.71, before settling in for the price of $0.68 at the close. Taking a more long-term approach, TTOO posted a 52-week range of $0.63-$8.38.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 12.68%. Meanwhile, its Annual Earning per share during the time was 68.62%. This publicly-traded company’s shares outstanding now amounts to $17.48 million, simultaneously with a float of $6.02 million. The organization now has a market capitalization sitting at $12.44 million. At the time of writing, stock’s 50-day Moving Average stood at $1.8143, while the 200-day Moving Average is $3.7504.
T2 Biosystems Inc (TTOO) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the T2 Biosystems Inc industry. T2 Biosystems Inc’s current insider ownership accounts for 65.53%, in contrast to 13.45% institutional ownership. According to the most recent insider trade that took place on Sep 13 ’24, this organization’s Director sold 55 shares at the rate of 2.42, making the entire transaction reach 133 in total value, affecting insider ownership by 23.
T2 Biosystems Inc (TTOO) Earnings and Revenue Records
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
Let’s observe the current performance indicators for T2 Biosystems Inc (TTOO). It’s Quick Ratio in the last reported quarter now stands at 0.36. The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.74.
In the same vein, TTOO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -9.29, a figure that is expected to reach -0.17 in the next quarter.
Technical Analysis of T2 Biosystems Inc (TTOO)
Now, what If we examine the latest scores posted by [T2 Biosystems Inc, TTOO]. During the last 5-days, its volume was better the volume of 0.31 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 8.95% While, its Average True Range was 0.1254.
Raw Stochastic average of T2 Biosystems Inc (TTOO) in the period of the previous 100 days is set at 1.32%, which indicates a major fall in contrast to 6.64% 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 104.21% that was higher than 82.09% volatility it exhibited in the past 100-days period.
