Editas Medicine Stock Today

EDIT Stock  USD 3.12  0.05  1.58%   

Performance

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Odds Of Distress

Less than 47

 
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Editas Medicine is selling for under 3.12 as of the 11th of November 2024; that is 1.58 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 3.07. Editas Medicine has 47 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Note, on May 1, 2021, Representative Donald S Beyer Jr of US Congress acquired under $15k worth of Editas Medicine's common stock.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
3rd of February 2016
Category
Healthcare
Classification
Health Care
Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts. Editas Medicine operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 82.55 M outstanding shares of which 18.33 M shares are currently shorted by private and institutional investors with about 8.19 trading days to cover. More on Editas Medicine

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Moving against Editas Stock

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Editas Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentGilmore MD
Thematic IdeaPharmaceutical Products (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Biotechnology, NASDAQ Health Care, Pharmaceutical Products, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.160.1565
Fairly Up
Slightly volatile
Total Current Liabilities40.9 M63.2 M
Way Down
Slightly volatile
Non Current Liabilities Total115.2 M86.8 M
Significantly Up
Slightly volatile
Total Assets395.9 M499.2 M
Significantly Down
Slightly volatile
Total Current Assets314 M340.8 M
Significantly Down
Slightly volatile
Debt Levels
Editas Medicine can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Editas Medicine's financial leverage. It provides some insight into what part of Editas Medicine's total assets is financed by creditors.
Liquidity
Editas Medicine currently holds 36.54 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Editas Medicine has a current ratio of 12.42, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Editas Medicine's use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

(125.57 Million)
Editas Medicine (EDIT) is traded on NASDAQ Exchange in USA. It is located in 11 Hurley Street, Cambridge, MA, United States, 02141 and employs 265 people. Editas Medicine is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 257.55 M. Editas Medicine conducts business under Biotechnology sector and is part of Health Care industry. The entity has 82.55 M outstanding shares of which 18.33 M shares are currently shorted by private and institutional investors with about 8.19 trading days to cover. Editas Medicine currently holds about 452.56 M in cash with (132.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.59, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Editas Medicine Probability Of Bankruptcy
Ownership Allocation
Editas Medicine holds a total of 82.55 Million outstanding shares. Over half of Editas Medicine's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. On May 1, 2021, Representative Donald S Beyer Jr of US Congress acquired under $15k worth of Editas Medicine's common stock.
Check Editas Ownership Details

Editas Stock Institutional Holders

InstituionRecorded OnShares
Ubs Asset Mgmt Americas Inc2024-06-30
901.6 K
Two Sigma Advisers, Llc2024-06-30
856.5 K
Avidity Partners Management Lp2024-06-30
816 K
Jpmorgan Chase & Co2024-06-30
799.2 K
Northern Trust Corp2024-06-30
737.3 K
Charles Schwab Investment Management Inc2024-06-30
733.4 K
Squarepoint Ops Llc2024-06-30
694.2 K
Integral Health Asset Management, Llc2024-06-30
675 K
Raymond James & Associates2024-09-30
561.4 K
Vanguard Group Inc2024-06-30
M
Blackrock Inc2024-06-30
7.8 M
View Editas Medicine Diagnostics

Editas Medicine Historical Income Statement

At this time, Editas Medicine's Total Revenue is comparatively stable compared to the past year. Gross Profit is likely to gain to about 75.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 57.9 M in 2024. View More Fundamentals

Editas Stock Against Markets

Editas Medicine Corporate Management

Bruce EatonExec OfficerProfile
Cristi BarnettCorporate RelationsProfile
Charlene JDExecutive CounselProfile
Michelle RobertsonPrincipal CFOProfile

Additional Tools for Editas Stock Analysis

When running Editas Medicine's price analysis, check to measure Editas Medicine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Editas Medicine is operating at the current time. Most of Editas Medicine's value examination focuses on studying past and present price action to predict the probability of Editas Medicine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Editas Medicine's price. Additionally, you may evaluate how the addition of Editas Medicine to your portfolios can decrease your overall portfolio volatility.