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. T2 Biosystems Inc’s current trading price is -93.17% away from its 52-week high, while its distance from the 52-week low is 37.70%. The stock’s price range over this period has fluctuated between $0.42 and $8.38. The company, operating within the financial sector, had a trading volume of approximately 1.98 million for the day, which was noticeably higher than the average daily share volume of 0.62 million over the last 3 months.
T2 Biosystems Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $8.38 on 12/28/23 and the lowest value was $0.42 on 11/21/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
T2 Biosystems Inc (TTOO) has experienced a quarterly decline of -82.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.84M and boasts a workforce of 113 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.5234, with a change in price of -4.3577. Similarly, T2 Biosystems Inc recorded 459,683 in trading volume during the last 100 days, posting a change of -88.39%.
TTOO Stock Stochastic Average
Today, T2 Biosystems Inc’s raw stochastic average for the past 50 days stands at 8.40%, indicating a decline from the raw stochastic average of the last 20 days, which was 33.18%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 21.26% and 16.26% respectively.
TTOO Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -90.88%. However, over the past six months, we’ve seen a stronger performance of -88.87%. The price of TTOO leaped by -39.76% over the last 30 days. And in the last five days, it has surged by 34.41%.
