Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Editas Medicine Inc’s current trading price is -52.01% away from its 52-week high, while its distance from the 52-week low is 26.07%. The stock’s price range over this period has fluctuated between $4.45 and $11.69. The company, operating within the financial sector, had a trading volume of approximately 1.59 million for the day, which was noticeably lower than the average daily share volume of 2.12 million over the last 3 months.
Editas Medicine Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $11.69 on 12/06/23, while the lowest value for the same period was recorded at $4.45 on 07/02/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Editas Medicine Inc (EDIT) has experienced a quarterly rise of 0.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 461.37M and boasts a workforce of 265 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.15, with a change in price of -5.46. Similarly, Editas Medicine Inc recorded 2,057,706 in trading volume during the last 100 days, posting a change of -49.32%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for EDIT stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.07.
EDIT Stock Stochastic Average
Today, Editas Medicine Inc’s raw stochastic average for the past 50 days stands at 51.79%, indicating a decline from the raw stochastic average of the last 20 days, which was 72.50%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 51.46% and 50.69% respectively.
EDIT Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -44.62% this year. Over the last six months, there has been a stronger performance of -32.65%. The price of EDIT fallen by 9.78% during the last 30 days period. For the last 5-days stocks have slided -5.87%.