Emergent BioSolutions Inc. (NYSE:EBS) currently has a daily average trading volume of 1.86M but it saw 872938 shares traded on Thursday. With a market cap of 434.80M USD, stock’s current market price of $8.15 came falling about -3.21 while comparing to the previous closing price of $8.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.14 and as low as $7.74. In the recent trading on the day, stock has struck highest price mark of $8.38 while lowest mark touched by it was $8.01.
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Taking a look at 20-day trading activity of Emergent BioSolutions Inc. (EBS) gives us an average price of $8.96, while its current price level is -77.45% below from 52-week high level whereas it is 5.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.57 while that of 200 days or SMA-200 reads an average of $15.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.13% during that period while stretching the period over a month that increases to 8.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.76 which implies that the stock is in neutral territory.
Over the week, EBS’s stock price is moving -5.67% down while it is -9.34% when we observe its performance for the past one month. Year-to-date it is -30.99% down and over the past year, the stock is showing a downside performance of -75.55%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$3.17 beaten by the consensus estimate of -$1.24 for the same. For EBS, analysts are forecasting an EPS-growth rate of 50.20% for current year and estimate for EPS growth in next year is 109.90%. In next quarter, company is expected to be making quarterly sales of $325.55 million as analysts are expecting the sales for current fiscal year at $1.16 billion and seeing the company making $1.18 billion in sales next year. Moreover, analysts are in estimates of $216.2 million for current-quarter revenue.
Currently, Emergent BioSolutions Inc.’s total number of outstanding shares is 50.20M with 0.76% of that held by the insiders while 95.52% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.30% and return on equity (ROE) at -29.10%. It has a 74.09 of forward P/E ratio. Stock’s beta reads 0.93. Stock has a price to book (P/B) ratio of 0.34 while price to sale or P/S ratio amounts to 0.44. Its return on asset (ROA) is -13.70% on average.
A filing at the U.S. Securities and Exchange Commission revealed that SPDR S&P Biotech ETF came shrinking its share ownership by 1.78% in the Emergent BioSolutions Inc. (EBS) increasing its stake to 6.58% with control over 57750.0 shares in the company. As per SEC documents, SPDR S&P Biotech ETF shunned 3,299,385 of company’s common stock of worth $29.13 million as per recent closing price of the stock. SPDR S&P Biotech ETF is not the only institutional holder which restructured its stake in Emergent BioSolutions Inc., as iShares Core S&P Small Cap ETF dumped 3,224,832 shares of worth $28.48 million to bring its holdings to a total of 5185.0 shares. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 6.75% in the company and now holds 1.44 million or 2.88% of the company’s stake having worth of about 12.74 million.
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