rts logo

New Big Money Means Exact Sciences Corp. (EXAS) Investors Could Reap Benefit

Exact Sciences Corp. (NASDAQ: EXAS) is -19.60% lower on its value in year-to-date trading and has touched a low of $56.05 and a high of $100.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EXAS stock was last observed hovering at around $61.41 in the last trading session, with the day’s loss setting it -1.93%.

Currently trading at $59.48, the stock is -6.12% and -6.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.4 million and changing -3.14% at the moment leaves the stock -13.59% off its SMA200. EXAS registered -13.23% loss for a year compared to 6-month gain of -8.77%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -19.90% loss in the last 1 month and extending the period to 3 months gives it a -2.72%, and is -0.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.79% over the week and 4.72% over the month.

Exact Sciences Corp. (EXAS) has around 6600 employees, a market worth around $10.94B and $2.50B in sales. Fwd P/E is 452.46. Profit margin for the company is -8.17%. Distance from 52-week low is 6.12% and -40.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.63%).

The EPS is expected to grow by 20.56% this year

The shares outstanding are 183.85M, and float is at 181.94M with Short Float at 5.44%.

Exact Sciences Corp. (EXAS) Insider Activity

The most recent transaction is an insider sale by Conroy Kevin T, the company’s President and CEO. SEC filings show that Conroy Kevin T sold 1,155 shares of the company’s common stock on May 01 ’24 at a price of $60.15 per share for a total of $69473.0. Following the sale, the insider now owns 1.16 million shares.

Exact Sciences Corp. disclosed in a document filed with the SEC on May 01 ’24 that Cunningham Everett (Chief Commercial Officer) sold a total of 136 shares of the company’s common stock. The trade occurred on May 01 ’24 and was made at $60.15 per share for $8180.0. Following the transaction, the insider now directly holds 47042.0 shares of the EXAS stock.

Still, SEC filings show that on May 01 ’24, Elliott Jeffrey Thomas (Chief Financial Officer) disposed off 136 shares at an average price of $60.15 for $8180.0. The insider now directly holds 11,795 shares of Exact Sciences Corp. (EXAS).

Related Posts