Editas Medicine Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $11.69 on 12/06/23, while the lowest price for the same duration was marked at $3.18 on 10/03/24.
52-week price history of EDIT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Editas Medicine Inc’s current trading price is -72.95% away from its 52-week high, while its distance from the 52-week low is -0.54%. The stock’s price range during this period has spanned from $3.18 to $11.69. In the Healthcare sector, the Editas Medicine Inc’s shares surpassed a trading volume of approximately 0.51 million for the day, which was noticeably lower compared to the average daily volume of 9.1.75 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Editas Medicine Inc (EDIT) has experienced a quarterly decline of -31.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 260.86M and boasts a workforce of 265 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.66, with a change in price of -2.15. Similarly, Editas Medicine Inc recorded 1,946,267 in trading volume during the last 100 days, posting a change of -40.41%.
Examining EDIT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Today, Editas Medicine Inc’s raw stochastic average for the past 50 days stands at 0.74%, indicating a decline from the raw stochastic average of the last 20 days, which was 2.06%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 3.96% and 5.84% respectively.
EDIT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -68.78% this year. Over the last six months, there has been a stronger performance of -53.56%. The price of EDIT leaped by -9.64% during the last 30 days period. For the last 5-days stocks have slided -9.38%.
