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. Year to date metric has recorded a loss of -4.76%.However, over the last six months, we can see a stronger performance of -92.08%. Over the last 30 days, the price of TTOO has leaped by -30.92%. And in the last five days, it has surged by 15.94%.
T2 Biosystems Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $6.95 on 02/15/24 and the lowest value was $0.31 on 12/17/24.
52-week price history of TTOO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. T2 Biosystems Inc’s current trading price is -94.24% away from its 52-week high, while its distance from the 52-week low is 29.03%. The stock’s price range during this period has varied between$0.31 and $6.95. The T2 Biosystems Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.55 million for the day, a figure considerably lower than their average daily volume of 0.86 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
T2 Biosystems Inc (TTOO) has experienced a quarterly decline of -78.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.42M and boasts a workforce of 113 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5455, with a change in price of -3.4900. Similarly, T2 Biosystems Inc recorded 636,482 in trading volume during the last 100 days, posting a change of -89.72%.
TTOO Stock Stochastic Average
T2 Biosystems Inc’s raw stochastic average for the past 50 days is presently 5.81%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 36.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 39.35% and 36.58%, respectively.
