Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Elevation Oncology Inc’s stock clocked out at $0.83, down -1.29% from its previous closing price of $0.84. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 3.62 million shares were traded. ELEV stock price reached its highest trading level at $0.92 during the session, while it also had its lowest trading level at $0.7302.
Ratios:
To gain a deeper understanding of ELEV’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.77 and its Current Ratio is at 17.77. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.45.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $10.
On May 14, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $8.Stephens initiated its Overweight rating on May 14, 2024, with a $8 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, ELEV now has a Market Capitalization of 48986084 and an Enterprise Value of -23062952.
Stock Price History:
Over the past 52 weeks, ELEV has reached a high of $5.83, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is 34.75%, while the 200-Day Moving Average is calculated to be -58.26%.
Shares Statistics:
It appears that ELEV traded 938.31K shares on average per day over the past three months and 2004380 shares per day over the past ten days. A total of 59.12M shares are outstanding, with a floating share count of 52.02M. Insiders hold about 12.00% of the company’s shares, while institutions hold 66.20% stake in the company. Shares short for ELEV as of 1734048000 were 6154070 with a Short Ratio of 6.56, compared to 1731628800 on 6015749. Therefore, it implies a Short% of Shares Outstanding of 6154070 and a Short% of Float of 11.0.
