The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. T2 Biosystems Inc’s current trading price is -96.98% away from its 52-week high, while its distance from the 52-week low is -2.78%. The stock’s price range for this period has been between $0.22 and $6.95 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.68 million for the day, a number notably lower than the average daily volume of 1.02 million over the last three months.
T2 Biosystems Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $6.95 on 02/15/24, while the lowest price for the same duration was marked at $0.22 on 01/30/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
T2 Biosystems Inc (TTOO) has experienced a quarterly decline of -80.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.89M 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 0.9759, with a change in price of -2.8800. Similarly, T2 Biosystems Inc recorded 813,759 in trading volume during the last 100 days, posting a change of -93.20%.
TTOO Stock Stochastic Average
As of today, T2 Biosystems Inc’s raw stochastic average for the last 50 days stands at 0.22%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 0.46%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 2.62% and 5.50%, respectively.
TTOO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -50.00% this year. Over the last six months, there has been a stronger performance of -95.71%. The price of TTOO leaped by -50.59% during the last 30 days period. For the last 5-days stocks have slided -14.63%.
