Does Elevation Oncology Inc (NASDAQ:ELEV) Look Expensive At $4.12? Here’s How To Know.

In recent trading session, Elevation Oncology Inc (NASDAQ:ELEV) saw 0.72 million shares changing hands at last check today with its beta currently measuring 1.49. Company’s recent per share price level of $4.12 trading at $0.43 or 11.65% at last check today assigns it a market valuation of $225.12M. That most recent trading price of ELEV’s stock is at a discount of -42.96% from its 52-week high price of $5.89 and is indicating a premium of 91.26% from its 52-week low price of $0.36. Taking a look at company’s average trading volume volume of 940.25K if we extend that period to 3-months.

Elevation Oncology Inc (NASDAQ:ELEV) trade information

Upright in the green today for gaining 11.65%, in the last five days ELEV remained trading in the green while hitting it’s week-highest on Friday, 05/24/24 when the stock touched $4.12 price level, adding 0.72% to its value on the day. Elevation Oncology Inc’s shares saw a change of 667.23% in year-to-date performance and have moved 14.13% in past 5-day. Elevation Oncology Inc (NASDAQ:ELEV) showed a performance of 13.03% in past 30-days.

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Elevation Oncology Inc (ELEV) estimates and forecasts

Statistics highlight that Elevation Oncology Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 792.35% of value to its shares in past 6 months, showing an annual growth rate of 33.58% while that of industry is 15.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -52.56% during past 5 years.

ELEV Dividends

Elevation Oncology Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.