Equillium Stock Price on May 9, 2024

EQ Stock  USD 0.66  0.03  4.35%   
Below is the normalized historical share price chart for Equillium extending back to October 12, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Equillium stands at 0.66, as last reported on the 22nd of June, with the highest price reaching 0.68 and the lowest price hitting 0.64 during the day.
IPO Date
11th of October 2018
200 Day MA
1.2218
50 Day MA
1.4212
Beta
1.812
 
Covid
If you're considering investing in Equillium Stock, it is important to understand the factors that can impact its price. Equillium secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the company had a -0.26% return per unit of risk over the last 3 months. Equillium exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equillium's Standard Deviation of 7.09, mean deviation of 5.38, and Variance of 50.33 to check the risk estimate we provide.
  
As of 06/22/2024, Liabilities And Stockholders Equity is likely to grow to about 67.5 M, while Total Stockholder Equity is likely to drop slightly above 21.4 M. . Equillium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2587

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Estimated Market Risk

 7.05
  actual daily
62
62% of assets are less volatile

Expected Return

 -1.82
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Equillium is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Equillium by adding Equillium to a well-diversified portfolio.
Price Book
2.9518
Enterprise Value Ebitda
(2.19)
Price Sales
1.8075
Shares Float
17.8 M
Wall Street Target Price
6.75

Equillium Main Headline on 9th of May 2024

Equillium reports Q1 2024 financial results with a GAAP EPS of -0.08, revenue of 10.7M, and a cash balance of 32.3M, ensuring cash runway into 2H 2025.

Equillium Valuation on May 9, 2024

It is possible to determine the worth of Equillium on a given historical date. On May 9, 2024 Equillium was worth 1.73 at the beginning of the trading date compared to the closed value of 1.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equillium stock. Still, in general, we apply an absolute valuation method to find Equillium's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Equillium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equillium's related companies.
 Open High Low Close Volume
  1.83    1.83    1.66    1.70    40,842  
05/09/2024
  1.73    1.86    1.66    1.80    62,251  
  1.89    1.89    1.51    1.53    126,682  
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Open Value
1.73
1.8
Closing Value
22.87
Upside

Equillium Trading Date Momentum on May 9, 2024

On May 10 2024 Equillium was traded for  1.53  at the closing time. The highest price during the trading period was 1.89  and the lowest recorded bid was listed for  1.51 . The volume for the day was 126.7 K. This history from May 10, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 15.00% . The overall trading delta to the current price is 12.78% .

Equillium Fundamentals Correlations and Trends

By evaluating Equillium's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Equillium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equillium financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Equillium Stock history

Equillium investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Equillium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equillium will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Equillium stock prices may prove useful in developing a viable investing in Equillium
Last ReportedProjected for Next Year
Common Stock Shares Outstanding34.7 M25.8 M
Net Loss-56.2 M-53.4 M

Equillium Quarterly Net Working Capital

20.27 Million

Equillium Stock Technical Analysis

Equillium technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Equillium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Equillium trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Equillium Period Price Range

Low
May 9, 2024
0.07  4.05%
High

 1.73 

     

 1.80 

Equillium June 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Equillium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equillium shares will generate the highest return on investment. By undertsting and applying Equillium stock market strength indicators, traders can identify Equillium entry and exit signals to maximize returns

Equillium Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Equillium's price direction in advance. Along with the technical and fundamental analysis of Equillium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equillium to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Equillium Stock Analysis

When running Equillium's price analysis, check to measure Equillium'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 Equillium is operating at the current time. Most of Equillium's value examination focuses on studying past and present price action to predict the probability of Equillium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equillium's price. Additionally, you may evaluate how the addition of Equillium to your portfolios can decrease your overall portfolio volatility.