Equillium Inc (NASDAQ:EQ) shares, rose in value, with the stock price down by -33.32% to the previous day’s close as strong demand from buyers drove the stock to $0.51.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.76, falling within a range of $0.45 and $0.602. The value of beta (5-year monthly) is 1.873. Referring to stock’s 52-week performance, its high was $2.45, and the low was $0.49. On the whole, EQ has fluctuated by -33.93% over the past month.
With the market capitalization of Equillium Inc currently standing at about $17.91 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EQ’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of EQ currently trading nearly -33.01% and -33.56% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 27.61, while the 7-day volatility ratio is showing 8.14% which for the 30-day chart, stands at 9.23%. Furthermore, Equillium Inc (EQ)’s beta value is 1.64, and its average true range (ATR) is 0.09.
A comparison of Equillium Inc (EQ) with its peers suggests the former has fared considerably weaker in the market. EQ showed an intraday change of -33.32% in today’s session so far, and over the past year, it shrunk by -79.29%%.
Data on historical trading for Equillium Inc (NASDAQ:EQ) indicates that the trading volumes over the past 10 days have averaged 48640.0 and over the past 3 months, they’ve averaged 805.12K. According to company’s latest data on outstanding shares, there are 35.42 million shares outstanding.
Nearly 50.77% of Equillium Inc’s shares belong to company insiders and institutional investors own 5.28% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.36 million shares as on 2025-03-14, resulting in a short ratio of 4.02. According to the data, the short interest in Equillium Inc (EQ) stood at 166.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.67 million. The stock has fallen by -32.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EQ stock heading into the next quarter.
