The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Editas Medicine Inc’s current trading price is -68.01% away from its 52-week high, while its distance from the 52-week low is -2.09%. The stock’s price range for this period has been between $3.82 and $11.69 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.71 million for the day, a number notably lower than the average daily volume of 2.03 million over the last three months.
Editas Medicine Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $11.69 on 12/06/23, while the lowest price for the same period was registered at $3.82 on 08/14/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Editas Medicine Inc (EDIT) has experienced a quarterly decline of -34.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 308.48M 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 5.51, with a change in price of -4.09. Similarly, Editas Medicine Inc recorded 1,930,366 in trading volume during the last 100 days, posting a change of -52.23%.
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 0.17. Similarly, the long-term debt-to-equity ratio is also 0.09.
EDIT Stock Stochastic Average
Editas Medicine Inc’s raw stochastic average for the past 50 days is presently 1.20%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 1.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.67% and 4.68%, respectively.
EDIT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded a decrease of -63.08%. However, over the last six months, the performance has been stronger by -49.46%. The price of EDIT decreased -37.25% over the last 30 days. And in the last five days, it has fallen by -9.00%.
