Exact Sciences Corp. (NASDAQ:EXAS) price on Thursday, July 11, fall -1.08% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $44.84.
A look at the stock’s price movement, the close in the last trading session was $45.33. Turning to its 52-week performance, $100.77 and $40.62 were the 52-week high and 52-week low respectively. Overall, EXAS moved 4.55% over the past month.
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Exact Sciences Corp.’s market cap currently stands at around $8.27 billion.
Analysts have a consensus estimate of 690.04M for the company’s revenue for the quarter, with a low and high estimate of 684.41M and 700M respectively. The average forecast suggests up to a 10.90% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.83B, representing a 13.20% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that EXAS is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
EXAS’s current price about 3.89% and -7.73% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.23, while 7-day volatility ratio is 4.84% and 4.46% in the 30-day chart. Further, Exact Sciences Corp. (EXAS) has a beta value of 1.23, and an average true range (ATR) of 2.14.
If we refocus on Exact Sciences Corp. (NASDAQ:EXAS), historical trading data shows that trading volumes averaged 3.06 million over the past 3 months. The company’s latest data on shares outstanding shows there are 184.53 million shares.
The 1.25% of Exact Sciences Corp.’s shares are in the hands of company insiders while institutional holders own 89.59% of the company’s shares. Current price change has pushed the stock -39.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EXAS stock continues to rise going into the next quarter.