T2 Biosystems Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $8.38 on 12/28/23, while the lowest price for the same period was registered at $0.42 on 12/13/24.
52-week price history of TTOO Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. T2 Biosystems Inc’s current trading price is -95.64% away from its 52-week high, while its distance from the 52-week low is -12.18%. The stock’s price range during the 52-week period has remained between $0.42 and $8.38. In the Healthcare sector, the company’s shares saw a trading volume of around 2.05 million for the day, which was evidently higher than the average daily volume of 0.71 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
T2 Biosystems Inc (TTOO) has experienced a quarterly decline of -84.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.23M and boasts a workforce of 113 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 2.0486, with a change in price of -4.3250. Similarly, T2 Biosystems Inc recorded 541,674 in trading volume during the last 100 days, posting a change of -92.22%.
TTOO Stock Stochastic Average
T2 Biosystems Inc’s raw stochastic average for the past 50 days is presently 0.90%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 4.01%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.32% and 22.35%, respectively.
TTOO 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 metric has seen a significant loss of -94.18% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -92.86%. Over the past 30 days, the price of TTOO has leaped by -33.39%. And in the last five days, it has fallen by -28.43%.
