Currently, Elutia Inc [ELUT] is trading at $0.92, down -1.63%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ELUT shares have gain 2.66% over the last week, with a monthly amount glided 4.39%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Elutia Inc [NASDAQ: ELUT] stock has seen the most recent analyst activity on November 02, 2020, when Truist initiated its Buy rating and assigned the stock a price target of $20. Previously, Piper Sandler started tracking the stock with Overweight rating on November 02, 2020, and set its price target to $20. On November 02, 2020, Cowen initiated with a Outperform rating and assigned a price target of $20 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $20 on November 02, 2020.
This stock has fluctuated between a low of $0.85 and a high of $5.12 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $8.88 within the next 12 months. Elutia Inc [NASDAQ: ELUT] shares were valued at $0.92 at the most recent close of the market. An investor can expect a potential return of 865.22% based on the average ELUT price forecast.
Analyzing the ELUT fundamentals
Trailing Twelve Months sales for Elutia Inc [NASDAQ:ELUT] were 23.68M which represents -0.45% decline. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -1.54%, Pretax Profit Margin comes in at -0.9%, and Net Profit Margin reading is -0.9%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is 0.52 and Total Capital is 8.89. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.8982 points at the first support level, and at 0.8763 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9423, and for the 2nd resistance point, it is at 0.9645.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Elutia Inc [NASDAQ:ELUT] is 0.59. Also, the Quick Ratio is 0.45, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 1.65.
Transactions by insiders
Recent insider trading involved HighCape Capital, L.P., Director, that happened on Feb 03 ’25 when 0.42 million shares were purchased. Director, HighCape Capital, L.P. completed a deal on Feb 03 ’25 to buy 0.42 million shares.
