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 -95.11% away from its 52-week high, while its distance from the 52-week low is 32.26%. The stock’s price range over this period has fluctuated between $0.31 and $8.38. The company, operating within the financial sector, had a trading volume of approximately 1.72 million for the day, which was noticeably higher than the average daily share volume of 0.79 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 $0.31 on 12/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
T2 Biosystems Inc (TTOO) has experienced a quarterly decline of -79.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.63M 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 1.6889, with a change in price of -4.0600. Similarly, T2 Biosystems Inc recorded 603,106 in trading volume during the last 100 days, posting a change of -90.83%.
TTOO Stock Stochastic Average
Today’s raw stochastic average for T2 Biosystems Inc over the last 50 days is 6.45%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 25.64%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 14.53% and 11.76%, respectively.
TTOO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -93.47% this year. Over the last six months, there has been a stronger performance of -92.45%. The price of TTOO leaped by -16.33% during the last 30 days period. For the last 5-days stocks have improved 17.14%.
