T2 Biosystems, Inc. (TTOO): Future Outlook & ROI Potential

Cima Michael J., Director, subtracted 3,240 shares of T2 Biosystems, Inc. (TTOO) from its portfolio at the rate of $1.43 per share valuing $4,633 on Jun 11. The insider left behind 213,178 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of T2 Biosystems, Inc. (TTOO) was $1.89. Currently, the 1st Resistance Point for this stock is $1.96, with a 2nd Resistance Point sitting at $2.04. Meanwhile, this company’s stock has a 1st Support Level at $1.75 and a 2nd Support Level at $1.62. T2 Biosystems, Inc. (TTOO) stock has gained $0.25, or 15.24%, in the past five days. In the last full month, these shares have lost -$0.64, or -25.30%. In the past three months, this stock’s price has fallen by -$0.73, or -27.86%. This year-to-date, T2 Biosystems, Inc. (TTOO) shares have lost -$1.12, or -37.21%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For T2 Biosystems, Inc. (TTOO) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

With 44,339 K shares outstanding, this company currently has a market capitalization of $75,820K. T2 Biosystems, Inc. (TTOO) generates $10,500 K in annual sales, amounting to annual net income of -$51,150 K. This stock has generated a 1-Year Total Return of -79.19%, a 3-Year Total Return of -77.92%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, T2 Biosystems, Inc. (TTOO) reported earnings of -$0.34 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.30 per share, representing a -0.04 difference and -12.81% surprise. In the previous quarter ending in Dec-18, the reported earnings of -$0.35 represented a -0.06 difference from the consensus estimate calling for -$0.29 per share, which was a -18.93% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is -$0.32 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was -$0.29 and the low estimate was -$0.35. In the year-ago quarter, T2 Biosystems, Inc. (TTOO) generated per-share earnings of -$0.32.

Turning our focus now to insider trading activity, there have been 5 purchases (45,000 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 11 insider buys amounting to 106,039 shares and 9 insider sales amounting to 37,592 shares. In the past full year, 30 insider purchases were made (involving 599,375 shares) and 20 insider sell-offs equivalent to 298,794 shares.

Moving onto liquidity, T2 Biosystems, Inc. (TTOO) has a Current Ratio of 1.08, a Quick Ratio of 1.03 and a Cash Ratio of 0.97. Looking at this company’s capital structure, its Total Debt to Total Equity is 372.12, its Total Debt to Total Capital is 78.82, and its Total Debt to Total Assets is now 65.89.