In the latest session, Fusion Pharmaceuticals Inc (NASDAQ: FUSN) closed at $10.04 up 0.10% from its previous closing price of $10.03. In other words, the price has increased by $+0.02 from its previous closing price. On the day, 1000387 shares were traded. FUSN stock price reached its highest trading level at $10.48 during the session, while it also had its lowest trading level at $9.55.
Ratios:
For a deeper understanding of Fusion Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.63 and its Current Ratio is at 11.63. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.25.
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 the company, Raymond James on December 27, 2023, Upgraded its rating to Strong Buy and sets its target price to $15 from $12 previously.
On September 29, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $13.
On June 23, 2023, Raymond James started tracking the stock assigning a Outperform rating and target price of $13.Raymond James initiated its Outperform rating on June 23, 2023, with a $13 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FUSN now has a Market Capitalization of 726.95M and an Enterprise Value of 588.23M. For the stock, the TTM Price-to-Sale (P/S) ratio is 328.96 while its Price-to-Book (P/B) ratio in mrq is 3.68. Its current Enterprise Value per Revenue stands at 266.41 whereas that against EBITDA is -6.84.
Stock Price History:
Over the past 52 weeks, FUSN has reached a high of $13.99, while it has fallen to a 52-week low of $2.31. The 50-Day Moving Average of the stock is 10.60, while the 200-Day Moving Average is calculated to be 5.68.
Shares Statistics:
For the past three months, FUSN has traded an average of 1.31M shares per day and 1.15M over the past ten days. A total of 72.41M shares are outstanding, with a floating share count of 47.72M. Insiders hold about 34.09% of the company’s shares, while institutions hold 58.59% stake in the company. Shares short for FUSN as of Feb 15, 2024 were 6.8M with a Short Ratio of 5.20, compared to 3.2M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.39% and a Short% of Float of 10.04%.
Earnings Estimates
There are 12 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.33 for the current quarter, with a high estimate of -$0.27 and a low estimate of -$0.42, while EPS last year was -$0.55. The consensus estimate for the next quarter is -$0.34, with high estimates of -$0.19 and low estimates of -$0.4.
Analysts are recommending an EPS of between -$1.31 and -$1.78 for the fiscal current year, implying an average EPS of -$1.43. EPS for the following year is -$1.38, with 13 analysts recommending between -$0.82 and -$1.82.
