Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -91.29% this year. Over the last six months, there has been a stronger performance of -93.16%. The price of EVLO leaped by -6.40% during the last 30 days period. For the last 5-days stocks have slided -1.06%.
The present stock price for Evelo Biosciences Inc. (EVLO) is $0.14. In the last trading session, the stock made a considerable jump, reaching $0.1535 after an opening price of $0.15. The stock briefly fell to $0.14 before ending the session at $0.15.
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Evelo Biosciences Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $3.29 on 08/11/22 and a low of $0.02 for the same time frame on 04/27/23.
52-week price history of EVLO Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Evelo Biosciences Inc.’s current trading price is -95.74% away from its 52-week high, while its distance from the 52-week low is 477.37%. The stock’s price range during this time has been between $0.02 and $3.29. The trading volume for the Healthcare sector company’s shares reached about 0.62 million for the day, which was lower than the average daily volume of 3.77 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Evelo Biosciences Inc. (EVLO) has experienced a quarterly decline of -82.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.32M and boasts a workforce of 66 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5666, with a change in price of -1.3497. Similarly, Evelo Biosciences Inc. recorded 2,411,076 in trading volume during the last 100 days, posting a change of -90.58%.
EVLO Stock Stochastic Average
Today’s raw stochastic average for Evelo Biosciences Inc. over the last 50 days is 25.47%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 39.23%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 41.80% and 42.12%, respectively.