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The closing price of 2seventy bio Inc (NASDAQ: TSVT) was $3.93 for the day, up 0.38% from the previous closing price of $3.91. In other words, the price has increased by $0.38 from its previous closing price. On the day, 0.56 million shares were traded. TSVT stock price reached its highest trading level at $3.96 during the session, while it also had its lowest trading level at $3.76.
Ratios:
Our analysis of TSVT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.52 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.16.
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, Goldman on June 06, 2024, Downgraded its rating to Sell and sets its target price to $2 from $5 previously.
On January 31, 2024, Leerink Partners Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $5 to $18.
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 Jun 03 ’24 when Eatwell Victoria sold 1,167 shares for $4.18 per share. The transaction valued at 4,881 led to the insider holds 95,480 shares of the business.
Snow Jessica sold 649 shares of TSVT for $2,714 on Jun 03 ’24. The insider now owns 55,622 shares after completing the transaction at $4.18 per share. On May 03 ’24, another insider, Snow Jessica, who serves as the insider of the company, sold 15 shares for $4.91 each. As a result, the insider received 74 and left with 56,271 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, TSVT now has a Market Capitalization of 202023232 and an Enterprise Value of 273718304. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 3.844 whereas that against EBITDA is -1.345.
Stock Price History:
Over the past 52 weeks, TSVT has reached a high of $12.69, while it has fallen to a 52-week low of $1.53. The 50-Day Moving Average of the stock is -16.38%, while the 200-Day Moving Average is calculated to be -4.99%.
Shares Statistics:
TSVT traded an average of 1.02M shares per day over the past three months and 684480 shares per day over the past ten days. A total of 50.63M shares are outstanding, with a floating share count of 49.10M. Insiders hold about 4.48% of the company’s shares, while institutions hold 91.06% stake in the company. Shares short for TSVT as of 1715731200 were 6492526 with a Short Ratio of 6.38, compared to 1713139200 on 6480171. Therefore, it implies a Short% of Shares Outstanding of 6492526 and a Short% of Float of 15.290000000000001.
