With 0.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. During the session, the Diagnostics & Research company that operates in wider Healthcare sector, reached to the highest price of $0.7881 whereas the lowest price it dropped to was $0.63. The 52-week range on TTOO shows that it touched its highest point at $8.38 and its lowest point at $0.77 during that stretch. It currently has a 1-year price target of $5.00. Beta for the stock currently stands at 0.43.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TTOO was down-trending over the past week, with a drop of -28.42%, but this was down by -56.69% over a month. Three-month performance dropped to -82.70% while six-month performance fell -77.70%. The stock lost -87.29% in the past year, while it has lost -89.16% so far this year.
Float and Shares Shorts:
At present, 17.48 million TTOO shares are outstanding with a float of 6.02 million shares on hand for trading. On 2024-10-15, short shares totaled 0.57 million, which was 324.0 higher than short shares on 1726185600. In addition to Mr. John J. Sperzel III, B.Sc. as the firm’s President, CEO & Chairman, Mr. John M. Sprague CPA serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.74651 of TTOO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, TTOO reported revenue of $1952000.0 and operating income of -$9575000.0. The EBITDA in the recently reported quarter was -$9481000.0 and diluted EPS was -$0.64.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With TTOO analysts setting a high price target of 5.0 and a low target of 5.0, the average target price over the next 12 months is 5.0. Based on these targets, TTOO could surge 635.29% to reach the target high and rise by 635.29% to reach the target low. Reaching the average price target will result in a growth of 635.29% from current levels.
Analysts have provided yearly estimates in a range of -$3.1 being high and -$3.1 being low. For TTOO, this leads to a yearly average estimate of -$3.1. The surprise factor in the prior quarter was -$1.86. Based on analyst estimates, the high estimate for the next quarter is -$0.49 and the low estimate is -$0.49. The average estimate for the next quarter is thus -$0.49.
