In the past week, TSVT stock has gone down by -2.61%, with a monthly decline of -20.43% and a quarterly plunge of -19.86%. The volatility ratio for the week is 7.91%, and the volatility levels for the last 30 days are 8.47% for 2seventy bio Inc The simple moving average for the last 20 days is -5.98% for TSVT’s stock, with a simple moving average of 2.02% for the last 200 days.
Is It Worth Investing in 2seventy bio Inc (NASDAQ: TSVT) Right Now?
TSVT has 36-month beta value of 1.89. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TSVT is 47.72M, and currently, short sellers hold a 13.58% ratio of that float. The average trading volume of TSVT on May 09, 2024 was 1.11M shares.
TSVT) stock’s latest price update
2seventy bio Inc (NASDAQ: TSVT)’s stock price has gone decline by -9.68 in comparison to its previous close of 4.96, however, the company has experienced a -2.61% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-08 that 2seventy bio, Inc. (TSVT) came out with a quarterly loss of $0.81 per share versus the Zacks Consensus Estimate of a loss of $0.72. This compares to loss of $1.08 per share a year ago.
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 “Outperform.” The predicted price for TSVT in the upcoming period, according to Leerink Partners is $18 based on the research report published on January 31, 2024 of the current year 2024.
Leerink Partners gave a rating of “Market Perform” to TSVT, setting the target price at $6 in the report published on October 30th of the previous year.
TSVT Trading at -9.14% 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 -64.70% of loss for the given period.
Volatility was left at 8.47%, however, over the last 30 days, the volatility rate increased by 7.91%, as shares sank -14.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.83% lower at present.
During the last 5 trading sessions, TSVT fell by -2.61%, which changed the moving average for the period of 200-days by -54.43% in comparison to the 20-day moving average, which settled at $4.73. In addition, 2seventy bio Inc saw 4.92% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TSVT starting from Casdin Capital, LLC, who purchase 40,000 shares at the price of $5.10 back on Mar 26 ’24. After this action, Casdin Capital, LLC now owns 2,000,000 shares of 2seventy bio Inc, valued at $203,992 using the latest closing price.
Casdin Capital, LLC, the Director of 2seventy bio Inc, purchase 330,000 shares at $5.07 during a trade that took place back on Mar 25 ’24, which means that Casdin Capital, LLC is holding 1,960,000 shares at $1,673,991 based on the most recent closing price.
Stock Fundamentals for TSVT
Current profitability levels for the company are sitting at:
- -2.37 for the present operating margin
- 0.8 for the gross margin
The net margin for 2seventy bio Inc stands at -2.12. The total capital return value is set at -0.47. Equity return is now at value -73.34, with -35.62 for asset returns.
Based on 2seventy bio Inc (TSVT), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at -0.65. The debt to equity ratio resting at 1.01. The interest coverage ratio of the stock is 51.41.
Currently, EBITDA for the company is -206.42 million with net debt to EBITDA at -0.98. When we switch over and look at the enterprise to sales, we see a ratio of 4.1. The receivables turnover for the company is 7.49for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.98.
Conclusion
To put it simply, 2seventy bio Inc (TSVT) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
