During the last session, T2 Biosystems Inc (NASDAQ:TTOO)’s traded shares were 1.53 million, with the beta value of the company hitting 0.34. The company’s market capitalization is $6.43M, and the average intraday trading volume over the past 10 days was 1.04 million shares, and the average trade volume was 1.01 million shares over the past three months.
T2 Biosystems Inc (NASDAQ:TTOO) trade information
T2 Biosystems Inc (TTOO) registered a -0.30% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.30% in intraday trading to $0.23, hitting a weekly high. The stock’s 5-day price performance is -20.97%, and it has moved by -34.51% in 30 days. Based on these gigs, the overall price performance for the year is -94.79%. The short interest in T2 Biosystems Inc (NASDAQ:TTOO) is 0.83 million shares and it means that shorts have 1.26 day(s) to cover.
The consensus price target of analysts on Wall Street is $5, which implies an increase of 95.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $5 respectively. As a result, TTOO is trading at a discount of -2073.91% off the target high and -2073.91% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 68.62%.
TTOO Dividends
T2 Biosystems Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
T2 Biosystems Inc (NASDAQ:TTOO)’s Major holders
T2 Biosystems Inc insiders own 10.17% of total outstanding shares while institutional holders control 73.51%, with the float percentage being 81.83%.
Also, the Mutual Funds coming in first place with the largest holdings of T2 Biosystems Inc (TTOO) shares are Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Extended Market Index Fund owns about 229.85 shares. This amounts to just over 0.82 percent of the company’s overall shares, with a $52680.0 market value. The same data shows that the other fund manager holds slightly less at 154.81, or about 0.55% of the stock, which is worth about $35483.0.
