The stock of EyePoint Pharmaceuticals Inc (EYPT) has gone up by 8.06% for the week, with a -10.43% drop in the past month and a -57.35% drop in the past quarter. The volatility ratio for the week is 8.96%, and the volatility levels for the past 30 days are 7.10% for EYPT. The simple moving average for the past 20 days is 0.03% for EYPT’s stock, with a -44.78% simple moving average for the past 200 days.
Is It Worth Investing in EyePoint Pharmaceuticals Inc (NASDAQ: EYPT) Right Now?
The stock has a 36-month beta value of 1.60. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for EYPT is 49.04M, and at present, short sellers hold a 18.32% of that float. On July 04, 2024, the average trading volume of EYPT was 1.15M shares.
EYPT) stock’s latest price update
EyePoint Pharmaceuticals Inc (NASDAQ: EYPT) has experienced a rise in its stock price by 10.49 compared to its previous closing price of 8.01. However, the company has seen a gain of 8.06% in its stock price over the last five trading days. globenewswire.com reported 2024-06-18 that WATERTOWN, Mass., June 18, 2024 (GLOBE NEWSWIRE) — EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a pharmaceutical company committed to developing and commercializing therapeutics to help improve the lives of patients with serious retinal diseases, today announced that the Company will host an R&D Day on Wednesday, June 26, 2024 from 8:00 a.m. to 9:30 a.m. ET.
Analysts’ Opinion of EYPT
Many brokerage firms have already submitted their reports for EYPT stocks, with JP Morgan repeating the rating for EYPT by listing it as a “Overweight.” The predicted price for EYPT in the upcoming period, according to JP Morgan is $35 based on the research report published on January 22, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see EYPT reach a price target of $20. The rating they have provided for EYPT stocks is “Buy” according to the report published on November 02nd, 2023.
Robert W. Baird gave a rating of “Outperform” to EYPT, setting the target price at $33 in the report published on April 21st of the previous year.
EYPT Trading at -24.49% from the 50-Day Moving Average
After a stumble in the market that brought EYPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.44% of loss for the given period.
Volatility was left at 7.10%, however, over the last 30 days, the volatility rate increased by 8.96%, as shares sank -6.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.14% lower at present.
During the last 5 trading sessions, EYPT rose by +5.25%, which changed the moving average for the period of 200-days by -17.75% in comparison to the 20-day moving average, which settled at $8.82. In addition, EyePoint Pharmaceuticals Inc saw -61.70% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EYPT starting from GUYER DAVID R, who sale 11,625 shares at the price of $10.30 back on Jun 03 ’24. After this action, GUYER DAVID R now owns 3,700 shares of EyePoint Pharmaceuticals Inc, valued at $119,705 using the latest closing price.
GUYER DAVID R, the Director of EyePoint Pharmaceuticals Inc, sale 11,625 shares at $12.65 during a trade that took place back on May 14 ’24, which means that GUYER DAVID R is holding 5,550 shares at $147,045 based on the most recent closing price.
Stock Fundamentals for EYPT
Current profitability levels for the company are sitting at:
- -1.74 for the present operating margin
- 0.91 for the gross margin
The net margin for EyePoint Pharmaceuticals Inc stands at -1.58. The total capital return value is set at -0.33. Equity return is now at value -48.07, with -32.62 for asset returns.
Based on EyePoint Pharmaceuticals Inc (EYPT), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -2.18. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -199.62.
Currently, EBITDA for the company is -73.2 million with net debt to EBITDA at 3.2. When we switch over and look at the enterprise to sales, we see a ratio of 3.67. The receivables turnover for the company is 16.59for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.08.
Conclusion
To sum up, EyePoint Pharmaceuticals Inc (EYPT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
