Elevation Oncology Inc (ELEV) concluded trading on Wednesday at a closing price of $2.78, with 8.28 million shares of worth about $23.02 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 135.59% during that period and on Wednesday, January 31 the price saw a loss of about -7.95%. Currently the company’s common shares owned by public are about 42.41M shares, out of which, 34.72M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 7 times over the past 12 months. They bought 37,688 shares in 3 of the transactions. In 4 selling transactions, insiders dumped 30,096 shares.
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However, the stock later moved at a day high price of 3.4345, or with a loss of -7.95%. Stock saw a price change of 12.32% in past 5 days and over the past one month there was a price change of 417.69%. Year-to-date (YTD), ELEV shares are showing a performance of 417.69% which increased to 178.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.36 but also hit the highest price of $5.89 during that period. The average intraday trading volume for Elevation Oncology Inc shares is 2.47 million. The stock is currently trading 28.93% above its 20-day simple moving average (SMA20), while that difference is up 139.01% for SMA50 and it goes to 92.97% higher than SMA200.
Elevation Oncology Inc (NASDAQ: ELEV) currently have 42.41M outstanding shares and institutions hold larger chunk of about 72.73% of that.
The stock has a current market capitalization of $117.90M and its 3Y-monthly beta is at 2.04. It has posted earnings per share of -$2.16 in the same period. It has Quick Ratio of 12.99 while making debt-to-equity ratio of 0.48. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ELEV, volatility over the week remained 15.74% while standing at 29.45% over the month.
Analysts are in expectations that Elevation Oncology Inc (ELEV) stock would likely to be making an EPS of $Elevation Oncology, Inc. in the current quarter, while forecast for next quarter EPS is $2.78 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $The Lion Electric Company which is $Elevai Labs, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $ELEVATEURA FPO in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 65.34% while it is estimated to increase by 19.22% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by SVB Securities on May 30, 2023 offering an Outperform rating for the stock and assigned a target price range of between $5 and $8 to it.
