T2 Biosystms Stock Price History

TTOO Stock  USD 5.97  1.81  43.51%   
Below is the normalized historical share price chart for T2 Biosystms extending back to August 07, 2014. 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 T2 Biosystms stands at 5.97, as last reported on the 16th of May 2024, with the highest price reaching 6.56 and the lowest price hitting 4.61 during the day.
IPO Date
7th of August 2014
200 Day MA
11.5273
50 Day MA
3.4122
Beta
0.099
 
Yuan Drop
 
Covid
If you're considering investing in TTOO Stock, it is important to understand the factors that can impact its price. T2 Biosystms retains Efficiency (Sharpe Ratio) of -0.0309, which indicates the company had a -0.0309% return per unit of price deviation over the last 3 months. T2 Biosystms exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate T2 Biosystms' market risk adjusted performance of (0.01), and Standard Deviation of 8.0 to confirm the risk estimate we provide.
  
At this time, T2 Biosystms' Common Stock Total Equity is very stable compared to the past year. As of the 16th of May 2024, Common Stock Shares Outstanding is likely to grow to about 2.7 M, though Total Stockholder Equity is likely to grow to (26.6 M). . As of the 16th of May 2024, Price To Sales Ratio is likely to drop to 2.16. In addition to that, Price Earnings Ratio is likely to drop to -0.34. TTOO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0309

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Estimated Market Risk

 6.83
  actual daily
60
60% of assets are less volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average T2 Biosystms 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 T2 Biosystms by adding T2 Biosystms to a well-diversified portfolio.
Price Book
14.5044
Enterprise Value Ebitda
(1.17)
Price Sales
2.4063
Shares Float
4.7 M
Wall Street Target Price
3

T2 Biosystms Stock Price History Chart

There are several ways to analyze TTOO Stock price data. The simplest method is using a basic TTOO candlestick price chart, which shows T2 Biosystms price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMay 15, 20245.97
Lowest PriceApril 23, 20242.72

T2 Biosystms May 16, 2024 Stock Price Synopsis

Various analyses of T2 Biosystms' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell TTOO Stock. It can be used to describe the percentage change in the price of T2 Biosystms from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of TTOO Stock.
T2 Biosystms Price Rate Of Daily Change 1.44 
T2 Biosystms Accumulation Distribution 937,028 
T2 Biosystms Price Action Indicator 1.29 
T2 Biosystms Price Daily Balance Of Power 0.93 

T2 Biosystms May 16, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in TTOO Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use T2 Biosystms intraday prices and daily technical indicators to check the level of noise trading in TTOO Stock and then apply it to test your longer-term investment strategies against TTOO.

TTOO Stock Price History Data

The price series of T2 Biosystms for the period between Fri, Feb 16, 2024 and Thu, May 16, 2024 has a statistical range of 3.77 with a coefficient of variation of 28.61. The price distribution for the period has arithmetic mean of 3.93. The median price for the last 90 days is 3.49. The company completed stock split (1:100) on 13th of October 2023.
OpenHighLowCloseVolume
05/15/2024 4.61  6.56  4.61  5.97  3,152,259 
05/14/2024 4.30  4.44  4.07  4.16  453,389 
05/13/2024 3.73  4.74  3.63  4.39  626,128 
05/10/2024 3.19  4.15  3.05  3.70  1,071,489 
05/09/2024 3.23  3.92  3.03  3.19  670,961 
05/08/2024 3.31  3.45  3.03  3.05  488,190 
05/07/2024 3.83  4.18  3.22  3.24  896,563 
05/06/2024 3.41  3.79  3.30  3.63  903,568 
05/03/2024 3.70  3.85  3.60  3.72  199,459 
05/02/2024 3.09  3.75  3.09  3.65  260,353 
05/01/2024 3.36  3.70  2.96  3.00  507,317 
04/30/2024 2.91  3.54  2.88  3.36  524,269 
04/29/2024 2.84  2.98  2.82  2.94  96,324 
04/26/2024 2.76  2.94  2.70  2.84  140,888 
04/25/2024 2.68  2.88  2.60  2.74  412,332 
04/24/2024 2.74  2.78  2.60  2.76  330,290 
04/23/2024 2.62  2.96  2.60  2.72  357,900 
04/22/2024 3.00  3.40  2.78  3.16  1,363,736 
04/19/2024 3.01  3.07  2.92  2.96  481,640 
04/18/2024 2.94  3.00  2.88  2.99  106,826 
04/17/2024 3.07  3.08  2.88  2.94  63,952 
04/16/2024 2.95  3.19  2.80  3.03  84,513 
04/15/2024 3.12  3.24  2.79  2.97  188,839 
04/12/2024 3.15  3.27  3.08  3.14  156,306 
04/11/2024 3.07  3.29  3.00  3.15  162,872 
04/10/2024 3.01  3.38  2.85  3.07  266,732 
04/09/2024 2.82  3.37  2.76  3.13  277,886 
04/08/2024 2.85  2.87  2.75  2.82  65,628 
04/05/2024 2.92  2.99  2.75  2.83  89,941 
04/04/2024 2.84  3.02  2.81  2.86  126,409 
04/03/2024 2.96  2.99  2.77  2.79  107,079 
04/02/2024 2.87  2.98  2.83  2.96  75,784 
04/01/2024 3.00  3.05  2.83  2.98  102,258 
03/28/2024 2.99  3.16  2.84  3.00  336,879 
03/27/2024 2.86  3.22  2.80  3.05  273,914 
03/26/2024 2.89  2.96  2.79  2.86  188,989 
03/25/2024 2.95  3.01  2.70  2.98  251,487 
03/22/2024 3.08  3.08  2.82  2.87  350,842 
03/21/2024 3.16  3.19  2.99  3.02  319,633 
03/20/2024 3.95  3.95  2.99  3.11  769,737 
03/19/2024 3.96  4.07  3.38  3.49  484,833 
03/18/2024 4.21  4.33  3.60  3.93  232,674 
03/15/2024 3.98  4.24  3.98  4.18  70,560 
03/14/2024 4.57  4.71  3.95  4.02  206,832 
03/13/2024 4.69  5.01  4.59  4.60  127,761 
03/12/2024 4.54  4.88  4.54  4.63  81,979 
03/11/2024 4.90  5.04  4.45  4.47  123,296 
03/08/2024 4.94  5.19  4.86  4.91  47,291 
03/07/2024 4.77  5.10  4.77  4.88  51,474 
03/06/2024 4.87  4.98  4.66  4.83  82,978 
03/05/2024 5.19  5.30  4.92  4.92  80,328 
03/04/2024 5.29  5.57  5.19  5.28  131,486 
03/01/2024 5.06  5.42  4.75  5.28  140,042 
02/29/2024 5.05  5.19  5.01  5.04  69,532 
02/28/2024 5.25  5.25  5.01  5.05  100,453 
02/27/2024 5.40  5.42  5.11  5.30  133,065 
02/26/2024 5.30  5.45  5.15  5.43  66,134 
02/23/2024 5.38  5.49  5.21  5.42  92,464 
02/22/2024 5.50  5.61  5.20  5.48  95,038 
02/21/2024 5.45  5.66  5.08  5.55  135,620 
02/20/2024 5.37  5.56  5.15  5.52  142,978 

About T2 Biosystms Stock history

T2 Biosystms 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 TTOO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in T2 Biosystms 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 T2 Biosystms stock prices may prove useful in developing a viable investing in T2 Biosystms
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.6 M2.7 M
Net Loss-56.4 M-59.2 M

T2 Biosystms Stock Technical Analysis

T2 Biosystms 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 T2 Biosystms technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of T2 Biosystms 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...

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T2 Biosystms Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for T2 Biosystms' price direction in advance. Along with the technical and fundamental analysis of TTOO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TTOO 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.
When determining whether T2 Biosystms offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of T2 Biosystms' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of T2 Biosystms Stock. Outlined below are crucial reports that will aid in making a well-informed decision on T2 Biosystms Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T2 Biosystms. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in TTOO Stock, please use our How to Invest in T2 Biosystms guide.
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Is T2 Biosystms' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T2 Biosystms. If investors know TTOO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T2 Biosystms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
109.92
Revenue Per Share
1.864
Quarterly Revenue Growth
(0.01)
Return On Assets
(1.00)
Return On Equity
(6.22)
The market value of T2 Biosystms is measured differently than its book value, which is the value of TTOO that is recorded on the company's balance sheet. Investors also form their own opinion of T2 Biosystms' value that differs from its market value or its book value, called intrinsic value, which is T2 Biosystms' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T2 Biosystms' market value can be influenced by many factors that don't directly affect T2 Biosystms' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T2 Biosystms' value and its price as these two are different measures arrived at by different means. Investors typically determine if T2 Biosystms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T2 Biosystms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.