Biomea Fusion (BMEA) Downgraded by Zacks Investment Research to Sell

Biomea Fusion stock has undergone multiple analysts rating changes in the recent past.  Biomea Fusion Downgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Biomea Fusion traded down -$0.88 on Wednesday, reaching $11.19. 120659 shares of the stock traded hands, compared to its average volume of 74721. Shares of Biomea Fusion were trading at $11.19 on Wednesday. The firm’s 50 day moving average is $11.96 and its 200 day moving average is N/A.Biomea Fusion has a 12 month low of $10.78 and a 12 month high of $22.22. While on yearly highs and lows, Biomea Fusion’s today has traded high as $12.27 and has touched $10.78 on the downward trend. See More Analyst Rating at: RATING

Biomea Fusion Earnings and What to expect: 

Biomea Fusion last issued its earnings data on August 10th, 2021. The reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.13. Biomea Fusion has generated $0.00 earnings per share over the last year. Earnings for Biomea Fusion are expected to decrease in the coming year, from ($1.69) to ($2.70) per share. Biomea Fusion has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 10th, 2021 based off prior year’s report dates.

Earnings for Biomea Fusion are expected to decrease in the coming year, from ($1.69) to ($2.70) per share.

Biomea Fusion (BMEA) Moving Average Technical Analysis

5 day Moving Average is $11.98 And 5 day price change is -$1.43 (-11.33%)  with average volume for 5 day average is 39,020. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $11.46 and 20 day price change is $0.56 (5.27%) and average 20 day moving volume is 102,245. 50 day moving average is $11.96  and 50 day price change is -$2.26 ( -16.80%)  and with average volume for 50 days is : 72,438. 200 day moving average is N/A  and 200 day price change is N/A (N/A)  and with average volume for 200 days is : N/A.

Other owners latest trading in Biomea Fusion :

  • On 8/23/2021 shares held by Morgan Stanley were 8,514 which equates to market value of $0.13M and appx 0.00% owners of Biomea Fusion
  • On 8/17/2021 shares held by Woodline Partners LP were 284,977 which equates to market value of $4.45M and appx 0.10% owners of Biomea Fusion
  • On 8/17/2021 shares held by Zimmer Partners LP were 10,000 which equates to market value of $0.16M and appx 0.00% owners of Biomea Fusion
  • In total Institutional ownership equates to Institutional Ownership Percentage: 56.80% for Biomea Fusion

See More Analyst Rating at: RATING