The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Elutia Inc (NASDAQ: ELUT) was $1.09 for the day, up 0.93% from the previous closing price of $1.08. In other words, the price has increased by $0.93 from its previous closing price. On the day, 0.61 million shares were traded. ELUT stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $1.06.
Ratios:
Our analysis of ELUT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Truist on November 02, 2020, initiated with a Buy rating and assigned the stock a target price of $20.
On November 02, 2020, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $20.
On November 02, 2020, Cowen started tracking the stock assigning a Outperform rating and target price of $20.Cowen initiated its Outperform rating on November 02, 2020, with a $20 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 03 ’25 when HighCape Capital, L.P. bought 420,000 shares for $2.50 per share. The transaction valued at 1,050,000 led to the insider holds 9,520,232 shares of the business.
HighCape Capital, L.P. bought 420,000 shares of ELUT for $1,050,000 on Feb 03 ’25. The Director now owns 9,520,232 shares after completing the transaction at $2.50 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELUT now has a Market Capitalization of 46210924 and an Enterprise Value of 65951920. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.95. Its current Enterprise Value per Revenue stands at 2.785 whereas that against EBITDA is -3.452.
Stock Price History:
The Beta on a monthly basis for ELUT is 0.83, which has changed by -0.7168831 over the last 52 weeks, in comparison to a change of 0.1653893 over the same period for the S&P500. Over the past 52 weeks, ELUT has reached a high of $5.12, while it has fallen to a 52-week low of $1.08. The 50-Day Moving Average of the stock is -43.18%, while the 200-Day Moving Average is calculated to be -56.94%.
Shares Statistics:
ELUT traded an average of 88.12K shares per day over the past three months and 418960 shares per day over the past ten days. A total of 38.08M shares are outstanding, with a floating share count of 25.89M. Insiders hold about 38.93% of the company’s shares, while institutions hold 38.56% stake in the company. Shares short for ELUT as of 1756425600 were 23896 with a Short Ratio of 0.27, compared to 1753920000 on 22682. Therefore, it implies a Short% of Shares Outstanding of 23896 and a Short% of Float of 0.09000000400000001.
Earnings Estimates
Elutia Inc (ELUT) is currently under the scrutiny of 1.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.17 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.68 and -$0.68 for the fiscal current year, implying an average EPS of -$0.68. EPS for the following year is -$0.63, with 1.0 analysts recommending between -$0.63 and -$0.63.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. It ranges from a high estimate of $6.9M to a low estimate of $6.9M. As of. The current estimate, Elutia Inc’s year-ago sales were $5.92MFor the next quarter, 1 analysts are estimating revenue of $7.9M. There is a high estimate of $7.9M for the next quarter, whereas the lowest estimate is $7.9M.
A total of 1 analysts have provided revenue estimates for ELUT’s current fiscal year. The highest revenue estimate was $27.1M, while the lowest revenue estimate was $27.1M, resulting in an average revenue estimate of $27.1M. In the same quarter a year ago, actual revenue was $24.38MBased on 1 analysts’ estimates, the company’s revenue will be $37M in the next fiscal year. The high estimate is $37M and the low estimate is $37M.