Alaunos Therapeutics Inc. (NASDAQ:TCRT) saw an upside of 15.80% to close Monday at $0.14 after adding $0.02 on the day. The 5-day average trading volume is 13,709,900 shares of the company’s common stock. It has gained $0.2179 in the past week and touched a new high 2 times within the past 5 days. An average of 4,038,000 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,903,980.
TCRT’s 1-month performance is -70.28% or -$0.3379 on its low of $0.1207 reached on 08/18/23. The company’s shares have touched a 52-week low of $0.12 and high of $4.01, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, TCRT has lost -77.98% or -$0.5062 and has reached a new high 5 times. However, the current price is down -96.44% from the 52-week high price.
Valuation Metrics
TCRT stock has a beta of 0.38. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 12.62 while the price-to-book (PB) in the most recent quarter is 1.59.
Alaunos Therapeutics Inc.’s quick ratio for the period ended June 29 was 3.70, with the current ratio over the same period at 3.70. The trailing 12-month EBITDA margin is -1111.53%. The firm’s gross profit as reported stood at $38.03 million against revenue of $2.92 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income shrunk -13.23% to -$8.77 million, while revenue of -$10.05 million was -14.6% off the previous quarter. Analysts expected TCRT to announce -$0.04 per share in earnings in its latest quarter, but it posted -$0.04, representing a 0.00% surprise. EBITDA for the quarter stood at more than -$6.42 million. TCRT stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.28 million, with total debt at $1.56 million. Shareholders hold equity totaling $240.63 million.
Let’s look briefly at Alaunos Therapeutics Inc. (TCRT) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 18.48% to suggest the stock is trending oversold, with historical volatility in this time period at 526.11%.
The stock’s 5-day moving average is $0.1385, reflecting a -63.69% or -$0.2507 change from its current price. TCRT is currently trading -68.93% above its 20-day SMA, -76.18% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -68.93% and SMA200 by-87.68%.
Stochastic %K and %D was 3.22% and 4.43% and the average true range (ATR) pointed at 0.0522. The RSI (14) points at 21.03%, while the 14-day stochastic is at 6.18% with the period’s ATR at 0.0476. The stock’s 9-day MACD Oscillator is pointing at -0.1239 and -0.1831 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for TCRT stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate TCRT as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is TCRT’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $7.50 and a high of $7.50, with their median price target at $7.50. Looking at these predictions, the average price target given by analysts is for Alaunos Therapeutics Inc. (TCRT) stock is $7.50.
