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After finishing at $1.37 in the prior trading day, Editas Medicine Inc (NASDAQ: EDIT) closed at $1.31, down -4.38%. In other words, the price has decreased by -$4.38 from its previous closing price. On the day, 2.9 million shares were traded. EDIT stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.26.
Ratios:
Our goal is to gain a better understanding of EDIT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.75 and its Current Ratio is at 3.75. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.15.
Stifel Downgraded its Buy to Hold on December 13, 2024, whereas the target price for the stock was revised from $11 to $3.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’25 when Lucera Erick sold 4,109 shares for $1.71 per share. The transaction valued at 7,030 led to the insider holds 112,720 shares of the business.
O’Neill Gilmore Neil sold 16,632 shares of EDIT for $28,452 on Mar 04 ’25. The CEO now owns 295,474 shares after completing the transaction at $1.71 per share. On Mar 04 ’25, another insider, Burkly Linda, who serves as the EVP, CHIEF SCIENTIFIC OFFICER of the company, sold 2,891 shares for $1.71 each. As a result, the insider received 4,946 and left with 70,245 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EDIT now has a Market Capitalization of 108698952 and an Enterprise Value of -126182064. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.36 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at -3.905 whereas that against EBITDA is 0.541.
Stock Price History:
The Beta on a monthly basis for EDIT is 2.11, which has changed by -0.8220109 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, EDIT has reached a high of $8.44, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is -12.73%, while the 200-Day Moving Average is calculated to be -57.48%.
Shares Statistics:
The stock has traded on average 3.99M shares per day over the past 3-months and 2159310 shares per day over the last 10 days, according to various share statistics. A total of 82.73M shares are outstanding, with a floating share count of 82.23M. Insiders hold about 0.91% of the company’s shares, while institutions hold 62.52% stake in the company. Shares short for EDIT as of 1740700800 were 13766088 with a Short Ratio of 3.45, compared to 1738281600 on 17089279. Therefore, it implies a Short% of Shares Outstanding of 13766088 and a Short% of Float of 20.979999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0