Evelo Biosciences Inc. (NASDAQ:EVLO) saw an upside of 14.53% on Monday to $7.88 after adding $1.0. The 5-day average trading volume is 456,951 shares of the company’s common stock. It has gained $9.12 in the past week. An average of 581,318 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 314,145.
EVLO’s 1-month performance is -20.19% or $0.28 on its low of $5.74 reached on 09/27/21. The company’s shares have touched a 52-week low of $3.82 and high of $19.93, with the stock’s rally to the 52-week high happening on 01/28/21. YTD, EVLO has lost -43.09% or -$3.93. However, the current price is down -60.46%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
On Dec 01, 314 days have gone by since the last insider trading activity for Evelo Biosciences Inc. (EVLO). Liu Xiaoli Jacqueline (Principal Accounting Officer) most recently sold 3,000 shares at $5.17 per share on Dec 01. This transaction cost the insider $15,510.
Evelo Biosciences Inc. (EVLO) has a trailing price-to-earnings (P/E) ratio of 34.65 for the broader industry and 32.54 for the sector.EVLO stock has a beta of 1.49. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 5.93.
Evelo Biosciences Inc.’s quick ratio for the period ended June 29 was 6.40, with the current ratio over the same period at 6.40 meaning that EVLO stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.75, while the total debt to equity was 0.00.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected EVLO to announce -$0.54 per share in earnings in its latest quarter, but it posted -$0.59, representing a -9.30% surprise. EBITDA for the quarter stood at more than -$27.1 million. EVLO stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 82.97 million, with total debt at $57.22 million. Shareholders hold equity totaling $53.4 million
Let’s look briefly at Evelo Biosciences Inc. (EVLO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 October was 59.76% to suggest the stock is trending Neutral, with historical volatility in this time period at 124.60%.
The stock’s 5-day moving average is $7.14, reflecting a +16.23% or $1.14 change from its current price. EVLO is currently trading +7.93% above its 20-day SMA, -26.56% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -11.41% and -24.03% respectively.
Stochastic %K and %D was 50.46% and 41.62% and the average true range (ATR) pointed at 0.93. The RSI (14) points at 52.60%, while the 14-day stochastic is at 71.59% with the period’s ATR at 0.92. The stock’s 9-day MACD Oscillator is pointing at 0.12 and 0.01 on the 14-day charts.
In the most recent analyst report for Evelo Biosciences Inc. (NASDAQ: EVLO), Cantor Fitzgerald launched coverage with an Overweight rating. Analysts offering their rating for EVLO stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate EVLO as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 5 have offered a “buy” rating.
What is EVLO’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $12.00 and a high of $44.00, with their median price target at $19.50. Looking at these predictions, the average price target given by analysts is for Evelo Biosciences Inc. (EVLO) stock is $22.67.