Ratio Review: Analyzing T2 Biosystems Inc (TTOO)’s Price-to-Cash and Price-to-Free Cash Flow

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

After finishing at $3.63 in the prior trading day, T2 Biosystems Inc (NASDAQ: TTOO) closed at $3.24, down -10.74%. In other words, the price has decreased by -$10.74 from its previous closing price. On the day, 0.8 million shares were traded. TTOO stock price reached its highest trading level at $4.18 during the session, while it also had its lowest trading level at $3.22.


Our goal is to gain a better understanding of TTOO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.28.

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, Alliance Global Partners on January 27, 2021, Downgraded its rating to Neutral and sets its target price to $2.40 from $2.60 previously.

On October 08, 2020, BTIG Research started tracking the stock assigning a Buy rating and target price of $2.50.

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 Sep 28 ’23 when CR Group L.P. sold 7,148,945 shares for $0.16 per share. The transaction valued at 1,125,959 led to the insider holds 0 shares of the business.

CR Group L.P. sold 5,981,202 shares of TTOO for $1,145,998 on Sep 27 ’23. The 10% Owner now owns 571,796 shares after completing the transaction at $0.19 per share. On Sep 26 ’23, another insider, CR Group L.P., who serves as the 10% Owner of the company, sold 5,392,920 shares for $0.20 each. As a result, the insider received 1,082,359 and left with 1,050,192 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, TTOO now has a Market Capitalization of 28489158 and an Enterprise Value of 71778160. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49. Its current Enterprise Value per Revenue stands at 10.003 whereas that against EBITDA is -1.581.

Stock Price History:

Over the past 52 weeks, TTOO has reached a high of $70.00, while it has fallen to a 52-week low of $2.60. The 50-Day Moving Average of the stock is -10.13%, while the 200-Day Moving Average is calculated to be -72.42%.

Shares Statistics:

The stock has traded on average 324.52K shares per day over the past 3-months and 371360 shares per day over the last 10 days, according to various share statistics. A total of 4.06M shares are outstanding, with a floating share count of 0.51M. Insiders hold about 90.77% of the company’s shares, while institutions hold 3.58% stake in the company. Shares short for TTOO as of 1713139200 were 374489 with a Short Ratio of 1.15, compared to 1710460800 on 295394. Therefore, it implies a Short% of Shares Outstanding of 374489 and a Short% of Float of 4.7.

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