Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $2.91 in the prior trading day, 2seventy bio Inc (NASDAQ: TSVT) closed at $2.64, down -9.28%. In other words, the price has decreased by -$9.28 from its previous closing price. On the day, 0.77 million shares were traded. TSVT stock price reached its highest trading level at $2.95 during the session, while it also had its lowest trading level at $2.615.
Ratios:
Our goal is to gain a better understanding of TSVT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.95 and its Current Ratio is at 4.95. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.02.
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:
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 Dec 13 ’24 when Snow Jessica sold 2,287 shares for $3.23 per share. The transaction valued at 7,393 led to the insider holds 153,479 shares of the business.
JESSICA C SNOW bought 10,341 shares of TSVT for $34,539 on Dec 13 ’24. On Nov 18 ’24, another insider, Maus Marcela V., who serves as the Director of the company, sold 3,900 shares for $3.38 each. As a result, the insider received 13,182 and left with 23,752 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 136193376 and an Enterprise Value of 185476528. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.93 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 4.066 whereas that against EBITDA is -1.381.
Stock Price History:
Over the past 52 weeks, TSVT has reached a high of $6.40, while it has fallen to a 52-week low of $2.78. The 50-Day Moving Average of the stock is -29.65%, while the 200-Day Moving Average is calculated to be -39.61%.
Shares Statistics:
The stock has traded on average 323.41K shares per day over the past 3-months and 533770 shares per day over the last 10 days, according to various share statistics. A total of 51.51M shares are outstanding, with a floating share count of 48.33M. Insiders hold about 6.31% of the company’s shares, while institutions hold 87.85% stake in the company. Shares short for TSVT as of 1734048000 were 4678311 with a Short Ratio of 14.47, compared to 1731628800 on 5096796. Therefore, it implies a Short% of Shares Outstanding of 4678311 and a Short% of Float of 10.97.
