T2 Biosystems Inc. (NASDAQ:TTOO) went up by 3.78% from its latest closing price compared to the recent 1-year high of $3.79. The company’s stock price has collected -0.69% of loss in the last five trading sessions. Press Release reported on 10/04/21 that T2 Biosystems Announces BARDA Exercise of Contract Option 2A Valued at $6.4 Million
Is It Worth Investing in T2 Biosystems Inc. (NASDAQ :TTOO) Right Now?
Plus, the 36-month beta value for TTOO is at 0.24. Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for T2 Biosystems Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.31. TTOO currently public float of 142.75M and currently shorts hold a 6.08% ratio of that float. Today, the average trading volume of TTOO was 3.48M shares.
TTOO’s Market Performance
TTOO stocks went down by -0.69% for the week, with a monthly drop of -12.10% and a quarterly performance of -15.55%, while its annual performance rate touched -36.04%. The volatility ratio for the week stands at 3.53% while the volatility levels for the past 30 days are set at 6.51% for T2 Biosystems Inc.. The simple moving average for the period of the last 20 days is -7.63% for TTOO stocks with a simple moving average of -39.39% for the last 200 days.
Analysts’ Opinion of TTOO
Many brokerage firms have already submitted their reports for TTOO stocks, with Alliance Global Partners repeating the rating for TTOO by listing it as a “Neutral.” The predicted price for TTOO in the upcoming period, according to Alliance Global Partners is $2.40 based on the research report published on January 27th of the current year 2021.
BTIG Research, on the other hand, stated in their research note that they expect to see TTOO reach a price target of $2.50. The rating they have provided for TTOO stocks is “Buy” according to the report published on October 08th, 2020.
TTOO Trading at -9.60% from the 50-Day Moving Average
After a stumble in the market that brought TTOO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.05% of loss for the given period.
Volatility was left at 6.51%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -18.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.71% lower at present.
During the last 5 trading sessions, TTOO fell by -0.69%, which changed the moving average for the period of 200-days by -25.02% in comparison to the 20-day moving average, which settled at $0.9316. In addition, T2 Biosystems Inc. saw -29.85% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at TTOO starting from McDonough John, who sale 18,182 shares at the price of $1.16 back on Jul 01. After this action, McDonough John now owns 516,386 shares of T2 Biosystems Inc., valued at $21,091 using the latest closing price.
Gibbs Michael Terrence, the General Counsel of T2 Biosystems Inc., sale 8,758 shares at $1.56 during a trade that took place back on Mar 25, which means that Gibbs Michael Terrence is holding 73,256 shares at $13,662 based on the most recent closing price.
Stock Fundamentals for TTOO
Current profitability levels for the company are sitting at:
- -221.72 for the present operating margin
- -13.87 for the gross margin
The net margin for T2 Biosystems Inc. stands at -258.12. The total capital return value is set at -102.55, while invested capital returns managed to touch -289.22. Equity return is now at value -510.00, with -58.00 for asset returns.
Based on T2 Biosystems Inc. (TTOO), the company’s capital structure generated 652.29 points at debt to equity in total, while total debt to capital is 86.71. Total debt to assets is 71.98, with long-term debt to equity ratio resting at 639.10. Finally, the long-term debt to capital ratio is 84.95.
When we switch over and look at the enterprise to sales, we see a ratio of 9.11, with the company’s debt to enterprise value settled at 0.34. The receivables turnover for the company is 4.58 and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.46.