Seres Therapeutics Inc (NASDAQ:MCRB)’s traded shares stood at 2.95 million during the last session, with the company’s beta value hitting 2.04. At the close of trading, the stock’s price was $0.71, to imply a decrease of -6.20% or -$0.05 in intraday trading. The MCRB share’s 52-week high remains $2.05, putting it -188.73% down since that peak but still an impressive 23.94% since price per share fell to its 52-week low of $0.54. The company has a valuation of $120.86M, with an average of 1.65 million shares in intraday trading volume over the past 10 days and average of 3.83 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Seres Therapeutics Inc (MCRB), translating to a mean rating of 2.33. Of 3 analyst(s) looking at the stock, 0 analyst(s) give MCRB a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.24.
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Seres Therapeutics Inc (NASDAQ:MCRB) trade information
After registering a -6.20% downside in the last session, Seres Therapeutics Inc (MCRB) has traded red over the past five days. The 5-day price performance for the stock is -15.78%, and -22.42% over 30 days. With these gigs, the year-to-date price performance is -49.28%. Short interest in Seres Therapeutics Inc (NASDAQ:MCRB) saw shorts transact 18.66 million shares and set a 3.15 days time to cover.
The extremes give us $1.25 and $1.25 for target low and target high price respectively. As such, MCRB has been trading -76.06% off suggested target high and -76.06% from its likely low.
Seres Therapeutics Inc (MCRB) estimates and forecasts
Looking at statistics comparing Seres Therapeutics Inc share performance against respective industry, we note that the company has underperformed competitors. Seres Therapeutics Inc (MCRB) shares are -4.39% down over the last 6 months, with its year-to-date growth rate lower than industry average at -6.74% against 17.50%. Revenue is forecast to grow 35.10% this quarter before jumping 34.40% for the next one. The rating firms project that company’s revenue will shrink -97.10% compared to the previous financial year.
Earnings reports from the last fiscal year show that sales brought in 1.87M and 64k respectively in the corresponding quarters.
MCRB Dividends
Seres Therapeutics Inc has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Seres Therapeutics Inc (NASDAQ:MCRB)’s Major holders
Seres Therapeutics Inc insiders hold 13.20% of total outstanding shares, with institutional holders owning 41.26% of the shares at 47.54% float percentage. In total, 41.26% institutions holds shares in the company, led by FLAGSHIP PIONEERING INC.. As of 2024-06-30, the company held over 23.12 million shares (or 15.8226% of shares), all amounting to roughly $16.73 million.
The next major institution holding the largest number of shares is FMR LLC with 22.72 million shares, or about 15.5489% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $16.44 million.
