Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The average price suggested by analysts for EQRX is $2.55, which is $0.65 above the current market price. The public float for EQRX is 412.64M, and currently, shorts hold a 4.31% of that float. The average trading volume for EQRX on June 14, 2023 was 1.85M shares.
EQRX) stock’s latest price update
EQRx Inc. (NASDAQ: EQRX)’s stock price has increased by 3.26 compared to its previous closing price of 1.84.
EQRX’s Market Performance
EQRX’s stock has fallen by 0.00% in the past week, with a monthly rise of 13.77% and a quarterly drop of -10.38%. The volatility ratio for the week is 6.33% while the volatility levels for the last 30 days are 6.89% for EQRx Inc. The simple moving average for the last 20 days is 6.80% for EQRX stock, with a simple moving average of -37.03% for the last 200 days.
EQRX Trading at 6.99% from the 50-Day Moving Average
After a stumble in the market that brought EQRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.60% of loss for the given period.
Volatility was left at 6.89%, however, over the last 30 days, the volatility rate increased by 6.33%, as shares surge +5.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.06% lower at present.
During the last 5 trading sessions, EQRX remain unchanged, which changed the moving average for the period of 200-days by -62.00% in comparison to the 20-day moving average, which settled at $1.7840. In addition, EQRx Inc. saw -22.76% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EQRX
The total capital return value is set at -24.45, while invested capital returns managed to touch -11.64. Equity return is now at value -19.50, with -18.20 for asset returns.
Based on EQRx Inc. (EQRX), the company’s capital structure generated 0.28 points at debt to equity in total, while total debt to capital is 0.28. Total debt to assets is 0.26, with long-term debt to equity ratio resting at 0.11. Finally, the long-term debt to capital ratio is 0.10.
The liquidity ratio also appears to be rather interesting for investors as it stands at 27.51.
Conclusion
In conclusion, EQRx Inc. (EQRX) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.