Buy, Sell Or Hold Elevation Oncology Inc (NASDAQ:ELEV) At $3.23?

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In last trading session, Elevation Oncology Inc (NASDAQ:ELEV) saw 0.58 million shares changing hands with its beta currently measuring 1.46. Company’s recent per share price level of $3.23 trading at -$0.12 or -3.58% at ring of the bell on the day assigns it a market valuation of $176.49M. That closing price of ELEV’s stock is at a discount of -80.5% from its 52-week high price of $5.83 and is indicating a premium of 88.85% from its 52-week low price of $0.36. Taking a look at company’s average trading volume volume of 679.27K if we extend that period to 3-months.

Elevation Oncology Inc (NASDAQ:ELEV) trade information

Upright in the red during last session for losing -3.58%, in the last five days ELEV remained trading in the red while hitting it’s week-highest on Monday, 06/10/24 when the stock touched $3.23 price level, adding 11.75% to its value on the day. Elevation Oncology Inc’s shares saw a change of 501.49% in year-to-date performance and have moved -8.50% in past 5-day. Elevation Oncology Inc (NASDAQ:ELEV) showed a performance of -13.40% 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 572.92% of value to its shares in past 6 months, showing an annual growth rate of 31.34% while that of industry is 15.70. 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 July 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.