Erasca Inc (NASDAQ: ERAS) on Tuesday, soared 11.29% from the previous trading day, before settling in for the closing price of $1.24. Within the past 52 weeks, ERAS’s price has moved between $1.01 and $3.45.
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The company achieved an average annual earnings per share of 22.33%. With a float of $163.76 million, this company’s outstanding shares have now reached $283.22 million.
In an organization with 103 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Erasca Inc (ERAS) Insider Updates
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Erasca Inc is 42.19%, while institutional ownership is 55.80%. The most recent insider transaction that took place on Apr 15 ’25, was worth 10,165. Before that another transaction happened on Mar 17 ’25, when Company’s Affiliate proposed sale 8,333 for $1.40, making the entire transaction worth $11,702.
Erasca Inc (ERAS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 22.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.59% during the next five years compared to -46.86% drop over the previous five years of trading.
Erasca Inc (NASDAQ: ERAS) Trading Performance Indicators
Erasca Inc (ERAS) is currently performing well based on its current performance indicators. A quick ratio of 9.84 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.60 in one year’s time.
Technical Analysis of Erasca Inc (ERAS)
Let’s dig in a bit further. During the last 5-days, its volume was 1.38 million. That was inferior than the volume of 1.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.52%. Additionally, its Average True Range was 0.16.
During the past 100 days, Erasca Inc’s (ERAS) raw stochastic average was set at 16.16%, which indicates a significant decrease from 90.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.28% in the past 14 days, which was higher than the 86.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3890, while its 200-day Moving Average is $2.3488. However, in the short run, Erasca Inc’s stock first resistance to watch stands at $1.4567. Second resistance stands at $1.5333. The third major resistance level sits at $1.6467. If the price goes on to break the first support level at $1.2667, it is likely to go to the next support level at $1.1533. Assuming the price breaks the second support level, the third support level stands at $1.0767.
Erasca Inc (NASDAQ: ERAS) Key Stats
Market capitalization of the company is 390.91 million based on 283,266K outstanding shares. Right now, sales total 0 K and income totals -161,650 K. The company made 0 K in profit during its latest quarter, and -32,230 K in sales during its previous quarter.
