On Monday, Editas Medicine Inc (NASDAQ: EDIT) was -4.00% drop from the session before settling in for the closing price of $1.25. A 52-week range for EDIT has been $1.12 – $11.58.
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Annual sales at Healthcare sector company grew by 135.89% over the past five years. When this article was written, the company’s average yearly earnings per share was at -33.69%. With a float of $81.54 million, this company’s outstanding shares have now reached $82.54 million.
Let’s look at the performance matrix of the company that is accounted for 265 employees. In terms of profitability, gross margin is 90.46%, operating margin of -370.03%, and the pretax margin is -340.96%.
Editas Medicine Inc (EDIT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Editas Medicine Inc stocks. The insider ownership of Editas Medicine Inc is 1.22%, while institutional ownership is 66.08%. The most recent insider transaction that took place on Dec 03 ’24, was worth 3,361. In this transaction CEO of this company sold 1,618 shares at a rate of $2.08, taking the stock ownership to the 312,106 shares. Before that another transaction happened on Dec 03 ’24, when Company’s EVP, CHIEF MEDICAL OFFICER sold 541 for $2.08, making the entire transaction worth $1,124. This insider now owns 133,354 shares in total.
Editas Medicine Inc (EDIT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -33.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.23% during the next five years compared to 2.88% growth over the previous five years of trading.
Editas Medicine Inc (NASDAQ: EDIT) Trading Performance Indicators
You can see what Editas Medicine Inc (EDIT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.56, a number that is poised to hit -0.38 in the next quarter and is forecasted to reach -1.39 in one year’s time.
Technical Analysis of Editas Medicine Inc (EDIT)
Editas Medicine Inc (NASDAQ: EDIT) saw its 5-day average volume 1.33 million, a negative change from its year-to-date volume of 2.21 million. As of the previous 9 days, the stock’s Stochastic %D was 35.17%. Additionally, its Average True Range was 0.11.
During the past 100 days, Editas Medicine Inc’s (EDIT) raw stochastic average was set at 2.67%, which indicates a significant decrease from 3.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.24% in the past 14 days, which was lower than the 83.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4972, while its 200-day Moving Average is $3.6186. Nevertheless, the first resistance level for the watch stands at $1.2433 in the near term. At $1.2867, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3083. If the price goes on to break the first support level at $1.1783, it is likely to go to the next support level at $1.1567. Assuming the price breaks the second support level, the third support level stands at $1.1133.
Editas Medicine Inc (NASDAQ: EDIT) Key Stats
There are 82,548K outstanding shares of the company, which has a market capitalization of 99.06 million. As of now, sales total 78,120 K while income totals -153,220 K. Its latest quarter income was 60 K while its last quarter net income were -62,140 K.
