In yesterday’s Wall Street session, Exact Sciences Corp. (NASDAQ:EXAS) shares traded at $44.16, up 6.74% from the previous session.
EXAS stock price is now -15.55% away from the 50-day moving average and -29.29% away from the 200-day moving average. The market capitalization of the company currently stands at $8.15B.
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On January 02, 2024, The Benchmark Company Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $91, while ‘Guggenheim’ rates the stock as ‘Buy’
In other news, Conroy Kevin T, President and CEO sold 1,155 shares of the company’s stock on May 01 ’24. The stock was sold for $69,473 at an average price of $60.15. Upon completion of the transaction, the President and CEO now directly owns 1,156,191 shares in the company, valued at $51.06 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 01 ’24, Chief Commercial Officer Cunningham Everett sold 136 shares of the business’s stock. A total of $8,180 was realized by selling the stock at an average price of $60.15. This leaves the insider owning 47,042 shares of the company worth $2.08 million. A total of 1.25% of the company’s stock is owned by insiders.
During the past 12 months, Exact Sciences Corp. has had a low of $40.62 and a high of $100.77. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 1.64, and a quick ratio of 1.45. The fifty day moving average price for EXAS is $51.8704 and a two-hundred day moving average price translates $62.2794 for the stock.
The latest earnings results from Exact Sciences Corp. (NASDAQ: EXAS) was released for 2024-03-31. The net profit margin was -9.48% and return on equity was -7.76% for EXAS. The company reported revenue of $637.52 million for the quarter, compared to $602.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.82 percent.
