In the past week, TSVT stock has gone down by -20.80%, with a monthly decline of -52.39% and a quarterly plunge of -67.51%. The volatility ratio for the week is 18.35%, and the volatility levels for the last 30 days are 14.32% for 2seventy bio Inc. The simple moving average for the past 20 days is -29.13% for TSVT’s stock, with a -78.21% simple moving average for the past 200 days.
Is It Worth Investing in 2seventy bio Inc (NASDAQ: TSVT) Right Now?
The 36-month beta value for TSVT is also noteworthy at 1.31. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for TSVT is $9.33, which is $7.54 above than the current price. The public float for TSVT is 47.04M, and at present, short sellers hold a 24.03% of that float. The average trading volume of TSVT on November 20, 2023 was 1.64M shares.
TSVT) stock’s latest price update
2seventy bio Inc (NASDAQ: TSVT)’s stock price has gone decline by -15.96 in comparison to its previous close of 2.13, however, the company has experienced a -20.80% decrease in its stock price over the last five trading days. Market Watch reported 2023-11-20 that Shares of Bristol Myers Squibb Co. BMY and 2seventy bio Inc. TSVT fell premarket on Monday after the companies said the U.S. Food and Drug Administration would miss its target date for potential approval of earlier use of a cancer therapy.
Analysts’ Opinion of TSVT
Many brokerage firms have already submitted their reports for TSVT stocks, with Leerink Partners repeating the rating for TSVT by listing it as a “Market Perform.” The predicted price for TSVT in the upcoming period, according to Leerink Partners is $6 based on the research report published on October 30, 2023 of the current year 2023.
TSVT Trading at -46.55% from the 50-Day Moving Average
After a stumble in the market that brought TSVT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.08% of loss for the given period.
Volatility was left at 14.32%, however, over the last 30 days, the volatility rate increased by 18.35%, as shares sank -53.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -60.05% lower at present.
During the last 5 trading sessions, TSVT fell by -22.57%, which changed the moving average for the period of 200-days by -87.62% in comparison to the 20-day moving average, which settled at $2.43. In addition, 2seventy bio Inc saw -80.90% 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 TSVT starting from Leschly Nick, who sale 9,312 shares at the price of $5.49 back on Aug 22. After this action, Leschly Nick now owns 1,159,342 shares of 2seventy bio Inc, valued at $51,090 using the latest closing price.
Baird William D III, the Chief Financial Officer of 2seventy bio Inc, sale 7,031 shares at $5.49 during a trade that took place back on Aug 22, which means that Baird William D III is holding 196,366 shares at $38,576 based on the most recent closing price.
Stock Fundamentals for TSVT
Current profitability levels for the company are sitting at:
- -287.34 for the present operating margin
- +58.74 for the gross margin
The net margin for 2seventy bio Inc stands at -277.77. The total capital return value is set at -43.01, while invested capital returns managed to touch -42.30. Equity return is now at value -58.41, with -27.25 for asset returns.
Based on 2seventy bio Inc (TSVT), the company’s capital structure generated 87.02 points at debt to equity in total, while total debt to capital is 46.53. Total debt to assets is 41.14, with long-term debt to equity ratio resting at 83.43. Finally, the long-term debt to capital ratio is 44.61.
When we switch over and look at the enterprise to sales, we see a ratio of 0.77, with the company’s debt to enterprise value settled at 0.80. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.77.
In summary, 2seventy bio Inc (TSVT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.