During the last session, Relay Therapeutics Inc (NASDAQ:RLAY)’s traded shares were 1.39 million, with the beta value of the company hitting 1.69. At the end of the trading day, the stock’s price was $6.16, reflecting an intraday loss of -3.07% or -$0.19. The 52-week high for the RLAY share is $13.32, that puts it down -116.23 from that peak though still a striking 7.47% gain since the share price plummeted to a 52-week low of $5.70. The company’s market capitalization is $807.41M, and the average trade volume was 1.20 million shares over the past three months.
Relay Therapeutics Inc (NASDAQ:RLAY) trade information
Relay Therapeutics Inc (RLAY) registered a -3.07% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.07% in intraday trading to $6.16, hitting a weekly high. The stock’s 5-day price performance is 0.74%, and it has moved by -18.69% in 30 days. Based on these gigs, the overall price performance for the year is -47.75%.
Relay Therapeutics Inc (RLAY) estimates and forecasts
Statistics show that Relay Therapeutics Inc has underperformed its competitors in share price, compared to the industry in which it operates. Relay Therapeutics Inc (RLAY) shares have gone down -2.30% during the last six months, with a year-to-date growth rate less than the industry average at -1.79% against 10.20. In the rating firms’ projections, revenue will decrease -99.10% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 90k as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 70k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 226k and 750k respectively. In this case, analysts expect current quarter sales to shrink by -60.20% and then drop by -90.70% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -38.74%. While earnings are projected to return -3.44% in 2024.
RLAY Dividends
Relay Therapeutics Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
