A new trading day began on Monday, with Editas Medicine Inc (NASDAQ: EDIT) stock price up 2.60% from the previous day of trading, before settling in for the closing price of $1.54. EDIT’s price has ranged from $0.91 to $6.69 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 96.99% over the last five years. Meanwhile, its annual earnings per share averaged 48.99%. With a float of $82.93 million, this company’s outstanding shares have now reached $83.71 million.
The firm has a total of 246 workers. Let’s measure their productivity. In terms of profitability, gross margin is 86.3%, operating margin of -777.25%, and the pretax margin is -733.74%.
Editas Medicine Inc (EDIT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Editas Medicine Inc is 0.93%, while institutional ownership is 62.08%. The most recent insider transaction that took place on Mar 04 ’25, was worth 7,030. In this transaction EVP, CHIEF FINANCIAL OFFICER of this company sold 4,109 shares at a rate of $1.71, taking the stock ownership to the 112,720 shares. Before that another transaction happened on Mar 04 ’25, when Company’s CEO sold 16,632 for $1.71, making the entire transaction worth $28,452. This insider now owns 295,474 shares in total.
Editas Medicine Inc (EDIT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 48.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.95% during the next five years compared to -1.48% drop over the previous five years of trading.
Editas Medicine Inc (NASDAQ: EDIT) Trading Performance Indicators
Here are Editas Medicine Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.88, a number that is poised to hit -0.56 in the next quarter and is forecasted to reach -1.08 in one year’s time.
Technical Analysis of Editas Medicine Inc (EDIT)
Analysing the last 5-days average volume posted by the [Editas Medicine Inc, EDIT], we can find that recorded value of 1.96 million was lower than the volume posted last year of 3.46 million. As of the previous 9 days, the stock’s Stochastic %D was 76.80%. Additionally, its Average True Range was 0.15.
During the past 100 days, Editas Medicine Inc’s (EDIT) raw stochastic average was set at 28.03%, which indicates a significant decrease from 82.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 112.21% in the past 14 days, which was lower than the 162.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5015, while its 200-day Moving Average is $2.6056. Now, the first resistance to watch is $1.6833. This is followed by the second major resistance level at $1.7867. The third major resistance level sits at $1.8633. If the price goes on to break the first support level at $1.5033, it is likely to go to the next support level at $1.4267. Should the price break the second support level, the third support level stands at $1.3233.
Editas Medicine Inc (NASDAQ: EDIT) Key Stats
With a market capitalization of 132.26 million, the company has a total of 83,710K Shares Outstanding. Currently, annual sales are 32,310 K while annual income is -237,090 K. The company’s previous quarter sales were 30,610 K while its latest quarter income was -45,390 K.