In the last trading session, 0.11 million Equillium Inc (NASDAQ:EQ) shares changed hands as the company’s beta touched 1.81. With the company’s per share price at $0.65 changed hands at $0.05 or 7.99% during last session, the market valuation stood at $22.86M. EQ’s last price was a discount, traded about -400.0% off its 52-week high of $3.25. The share price had its 52-week low at $0.56, which suggests the last value was 13.85% up since then. When we look at Equillium Inc’s average trading volume, we note the 10-day average is 0.13 million shares, with the 3-month average coming to 171.73K.
Analysts gave the Equillium Inc (EQ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended EQ as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Equillium Inc’s EPS for the current quarter is expected to be -0.26.
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Equillium Inc (NASDAQ:EQ) trade information
Instantly EQ was in green as seen at the end of in last trading. With action -2.27%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -10.79%, with the 5-day performance at -2.27% in the red. However, in the 30-day time frame, Equillium Inc (NASDAQ:EQ) is -9.28% down. Looking at the short shares, we see there were 0.12 million shares sold at short interest cover period of 0.53 days.
Equillium Inc (EQ) estimates and forecasts
Data shows that the Equillium Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -3.75% over the past 6 months, a 68.42% in annual growth rate that is considerably higher than the industry average of 16.70%. Year-over-year growth is forecast to reach 1.71% up from the last financial year.
The company’s revenue for the corresponding quarters a year ago was 9.21M and 10.69M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -100.00%. The estimates for the next quarter sales put growth at -100.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.79%. The 2024 estimates are for Equillium Inc earnings to decrease by -31.58%.
EQ Dividends
Equillium Inc is expected to release its next quarterly earnings report in January.
Equillium Inc (NASDAQ:EQ)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 36.21% of Equillium Inc shares while 20.04% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 31.41%. There are 20.04% institutions holding the Equillium Inc stock share, with DECHENG CAPITAL LLC the top institutional holder. As of 2024-06-30, the company held 12.6148% of the shares, roughly 4.45 million EQ shares worth $3.08 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.3882% or 0.84 million shares worth $0.58 million as of 2024-06-30.
