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After finishing at $43.17 in the prior trading day, Exact Sciences Corp. (NASDAQ: EXAS) closed at $43.00, down -0.39%. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 0.88 million shares were traded. EXAS stock price reached its highest trading level at $43.74 during the session, while it also had its lowest trading level at $42.83.
Ratios:
Our goal is to gain a better understanding of EXAS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.72.
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, Scotiabank on June 27, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $70.
The Benchmark Company Upgraded its Hold to Buy on January 02, 2024, while the target price for the stock was maintained at $91.
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 May 01 ’24 when Conroy Kevin T sold 1,155 shares for $60.15 per share. The transaction valued at 69,473 led to the insider holds 1,156,191 shares of the business.
Cunningham Everett sold 136 shares of EXAS for $8,180 on May 01 ’24. The Chief Commercial Officer now owns 47,042 shares after completing the transaction at $60.15 per share. On May 01 ’24, another insider, Elliott Jeffrey Thomas, who serves as the Chief Financial Officer of the company, sold 136 shares for $60.15 each. As a result, the insider received 8,180 and left with 11,795 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, EXAS now has a Market Capitalization of 7969850368 and an Enterprise Value of 9892490240. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.13 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 3.903 whereas that against EBITDA is -91.223.
Stock Price History:
Over the past 52 weeks, EXAS has reached a high of $100.77, while it has fallen to a 52-week low of $40.62. The 50-Day Moving Average of the stock is -14.49%, while the 200-Day Moving Average is calculated to be -30.16%.
Shares Statistics:
The stock has traded on average 3.13M shares per day over the past 3-months and 3845060 shares per day over the last 10 days, according to various share statistics. A total of 184.53M shares are outstanding, with a floating share count of 182.22M. Insiders hold about 1.25% of the company’s shares, while institutions hold 89.55% stake in the company. Shares short for EXAS as of 1718323200 were 9445945 with a Short Ratio of 3.02, compared to 1715731200 on 8502284. Therefore, it implies a Short% of Shares Outstanding of 9445945 and a Short% of Float of 5.17.
