On Friday, Elevation Oncology Inc (NASDAQ: ELEV) was -6.53% drop from the session before settling in for the closing price of $0.65. A 52-week range for ELEV has been $0.50 – $5.83.
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When this article was written, the company’s average yearly earnings per share was at 36.80%. With a float of $52.01 million, this company’s outstanding shares have now reached $59.12 million.
Let’s determine the extent of company efficiency that accounts for 29 employees. In terms of profitability, gross margin is 50.0%, operating margin of -72425.86%, and the pretax margin is -72250.0%.
Elevation Oncology Inc (ELEV) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Elevation Oncology Inc stocks. The insider ownership of Elevation Oncology Inc is 12.02%, while institutional ownership is 56.11%.
Elevation Oncology Inc (ELEV) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 36.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.33% during the next five years compared to -52.56% drop over the previous five years of trading.
Elevation Oncology Inc (NASDAQ: ELEV) Trading Performance Indicators
You can see what Elevation Oncology Inc (ELEV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 17.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.81, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.89 in one year’s time.
Technical Analysis of Elevation Oncology Inc (ELEV)
Looking closely at Elevation Oncology Inc (NASDAQ: ELEV), its last 5-days average volume was 1.07 million, which is a drop from its year-to-date volume of 3.16 million. As of the previous 9 days, the stock’s Stochastic %D was 39.01%. Additionally, its Average True Range was 0.06.
During the past 100 days, Elevation Oncology Inc’s (ELEV) raw stochastic average was set at 22.38%, which indicates a significant increase from 18.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.56% in the past 14 days, which was lower than the 93.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6576, while its 200-day Moving Average is $1.4233. However, in the short run, Elevation Oncology Inc’s stock first resistance to watch stands at $0.6372. Second resistance stands at $0.6670. The third major resistance level sits at $0.6819. If the price goes on to break the first support level at $0.5925, it is likely to go to the next support level at $0.5776. Should the price break the second support level, the third support level stands at $0.5478.
Elevation Oncology Inc (NASDAQ: ELEV) Key Stats
There are 59,119K outstanding shares of the company, which has a market capitalization of 35.91 million. As of now, sales total 0 K while income totals -45,700 K. Its latest quarter income was 0 K while its last quarter net income were -12,880 K.
