Axcella Health Inc (NASDAQ:AXLA) traded with an addition of $1.99 to $8.90 on Thursday, an upside of 28.80 percent. An average of 1,301,910 shares of common stock have been traded in the last five days. There was a fall of -$0.37 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,930,321 shares traded, while the 50-day average volume stands at 1,163,654.
AXLA stock has decreased by -20.89% in the last month. The company shares reached their 1-month lowest point of $5.28 on 08/31/23. With the stock rallying to its 52-week high on 09/13/23, shares of the company touched a low of $2.59 and a high of $49.25 in 52 weeks. It has reached a new high 11 times so far this year and achieved 8.70% or $1.04 in price. In spite of this, the price is down -81.93% from the 52-week high.
Insider Transactions
AXLA stock investors should be aware that Axcella Health Inc (AXLA) stock had its last reported insider trading activity 211 days ago on Mar 01. In this transaction, the insider spent $394. President & CEO, Hinshaw William, disposed of 16,000 shares at a price of $1.56 on Oct 19. The insider now owns more than $25,027 worth of shares.
Financial Health
The quick ratio of Axcella Health Inc for the three months ended June 30 was 0.80, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $3.02 million compared to revenue of $76.99 million.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$3.41 million in the quarter, while revenues of -$3.98 million were shrunk -524.93%. The analyst consensus anticipated Axcella Health Inc’s latest quarter earnings to come in at -$1.5 per share, but it turned out to be -$1.25, a 16.70% surprise. For the quarter, EBITDA amounted to -$3.53 million. Shareholders own equity worth $73.69 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Axcella Health Inc (AXLA) price momentum. RSI 9-day as of the close on 27 September was 44.08%, suggesting the stock is Neutral, with historical volatility in this time frame at 227.07%.
As of today, AXLA’s price is $8.65 -3.85% or -$0.37 from its 5-day moving average. AXLA is currently trading -3.20% lower than its 20-day SMA and -7.70% lower than its 100-day SMA. However, the stock’s current price level is +92.89% above the SMA50 and -58.67% below the SMA200.
The stochastic %K and %D were 3.07% and 3.33%, respectively, and the average true range (ATR) was 4.84. With the 14-day stochastic at 7.80% and the average true range at 4.73, the RSI (14) stands at 46.91%. The stock has reached -2.01 on the 9-day MACD Oscillator while the 14-day reading was at -6.78.
Analyst Ratings
Noble Capital Markets launched coverage on Axcella Health Inc (NASDAQ: AXLA) in its analyst report released on October 12, 2021. The firm assigned the stock an Outperform rating.
