Xeris Biopharma Holdings Inc (XERS) kicked off at the price of $2.92: Venture capitalists have an exciting new opportunity

A new trading day began on Friday, with Xeris Biopharma Holdings Inc (NASDAQ: XERS) stock price down -4.26% from the previous day of trading, before settling in for the closing price of $3.05. XERS’s price has ranged from $1.46 to $3.64 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 195.35% over the last five years. Meanwhile, its annual earnings per share averaged 20.04%. With a float of $141.37 million, this company’s outstanding shares have now reached $149.08 million.

The firm has a total of 377 workers. Let’s measure their productivity. In terms of profitability, gross margin is 76.85%, operating margin of -24.29%, and the pretax margin is -35.29%.

Xeris Biopharma Holdings Inc (XERS) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Xeris Biopharma Holdings Inc is 8.41%, while institutional ownership is 43.56%. The most recent insider transaction that took place on Aug 12 ’24, was worth 10,147. In this transaction Director of this company bought 4,515 shares at a rate of $2.25, taking the stock ownership to the 25,200 shares. Before that another transaction happened on Aug 09 ’24, when Company’s Director bought 4,285 for $2.37, making the entire transaction worth $10,134. This insider now owns 20,685 shares in total.

Xeris Biopharma Holdings Inc (XERS) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.1 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 20.04% per share during the next fiscal year.

Xeris Biopharma Holdings Inc (NASDAQ: XERS) Trading Performance Indicators

Here are Xeris Biopharma Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.44, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.18 in one year’s time.

Technical Analysis of Xeris Biopharma Holdings Inc (XERS)

Analysing the last 5-days average volume posted by the [Xeris Biopharma Holdings Inc, XERS], we can find that recorded value of 2.39 million was better than the volume posted last year of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 8.59%. Additionally, its Average True Range was 0.18.

During the past 100 days, Xeris Biopharma Holdings Inc’s (XERS) raw stochastic average was set at 55.28%, which indicates a significant increase from 1.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.67% in the past 14 days, which was lower than the 51.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.01, while its 200-day Moving Average is $2.49. Now, the first resistance to watch is $3.02. This is followed by the second major resistance level at $3.13. The third major resistance level sits at $3.18. If the price goes on to break the first support level at $2.86, it is likely to go to the next support level at $2.81. Now, if the price goes above the second support level, the third support stands at $2.70.

Xeris Biopharma Holdings Inc (NASDAQ: XERS) Key Stats

With a market capitalization of 416.77 million, the company has a total of 149,081K Shares Outstanding. Currently, annual sales are 163,910 K while annual income is -62,260 K. The company’s previous quarter sales were 54,270 K while its latest quarter income was -15,740 K.