Seres Therapeutics Inc (MCRB) Rise 0.99% in Day Trading, Closes at $0.76

The price of Seres Therapeutics Inc (NASDAQ: MCRB) closed at $0.76 in the last session, up 0.99% from day before closing price of $0.76. In other words, the price has increased by $+0.0075 from its previous closing price. On the day, 3312079 shares were traded.

Ratios:

We take a closer look at MCRB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.78.

On April 21, 2023, JP Morgan started tracking the stock assigning a Neutral rating and target price of $7.

Goldman Downgraded its Neutral to Sell on July 23, 2021, whereas the target price for the stock was revised from $24 to $7.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 16 ’24 when Shaff Eric D. sold 11,549 shares for $1.08 per share. The transaction valued at 12,473 led to the insider holds 135,321 shares of the business.

Ege David S. sold 5,010 shares of MCRB for $5,411 on Feb 16 ’24. The insider now owns 73,856 shares after completing the transaction at $1.08 per share. On Feb 16 ’24, another insider, von Moltke Lisa, who serves as the insider of the company, sold 4,400 shares for $1.08 each. As a result, the insider received 4,752 and left with 16,988 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, MCRB now has a Market Capitalization of 115.16M and an Enterprise Value of 201.13M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91. Its current Enterprise Value per Revenue stands at 1.59 whereas that against EBITDA is -2.13.

Stock Price History:

Over the past 52 weeks, MCRB has reached a high of $6.87, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is 0.9770, while the 200-Day Moving Average is calculated to be 2.1703.

Shares Statistics:

According to the various share statistics, MCRB traded on average about 4.75M shares per day over the past 3-months and 3.34M shares per day over the past 10 days. A total of 135.04M shares are outstanding, with a floating share count of 114.13M. Insiders hold about 24.42% of the company’s shares, while institutions hold 44.23% stake in the company. Shares short for MCRB as of Mar 15, 2024 were 18.4M with a Short Ratio of 3.87, compared to 15.59M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.18% and a Short% of Float of 17.06%.

Earnings Estimates

The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.34 for the current quarter, with a high estimate of -$0.26 and a low estimate of -$0.43, while EPS last year was -$0.57. The consensus estimate for the next quarter is -$0.31, with high estimates of -$0.2 and low estimates of -$0.39.

Analysts are recommending an EPS of between -$0.8 and -$1.57 for the fiscal current year, implying an average EPS of -$1.14. EPS for the following year is -$0.8, with 6 analysts recommending between -$0.37 and -$1.46.

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