Trillium Therapeutics Inc. (TRIL) Stock: Why It’s Falling In Value

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Trillium Therapeutics Inc. (TRIL) is headed down in the market today. The company, focused in the biotechnology sector, is currently priced at $0.70 after a move down of -5.44% so far in today’s session. When it comes to biotechnology companies, there are several aspects that have the potential to lead to declines in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines surrounding TRIL:

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Mar-27-19 05:00PM Trillium Therapeutics to Unveil its STING Agonist Program at the AACR Annual Meeting 2019
09:25AM Four Healthcare Stocks Picking Up Speed on Wednesday
Mar-11-19 06:10PM Trillium: 4Q Earnings Snapshot
05:09PM Trillium Therapeutics Reports Annual Financial and Operating Results
Mar-08-19 06:37PM Trillium Announces Closing of US$15 Million Public Offering of Common Share Units and Series II Non-Voting Convertible First Preferred Share Units

However, when making a decision to invest, investors should take a look at far more than just news, especially in the speculative biotechnology industry. Here’s what’s happening with Trillium Therapeutics Inc..

How TRIL Has Been Trending

While a decline in a single session, like the fall that we’re seeing from Trillium Therapeutics Inc. may cause fear in some investors, that alone should not be the basis of a decision to, or not to, invest in a company. It is generally important to look at trends beyond a single session. As it relates to TRIL, here are the returns on investment that investors have seen:

  • Past Seven Days – Over the past seven days, TRIL has seen a change in price that amounts to -1.41%.
  • Past 30 Days – The monthly returns from Trillium Therapeutics Inc. works out to -3.98%.
  • Past Three Months – Over the past quarter, the stock has produced a ROI of -59.77%
  • Past Six Months – In the previous six months, we’ve seen a performance that works out to -88.71% from the stock.
  • YTD – Since the the last trading session of last year TRIL has resulted in a return of -59.06%.
  • Annually – Lastly, throughout the past year, we have seen movement in the amount of -90.67% from TRIL. In this period of time, the stock has sold at a high price of -91.36% and a low price of 27.27%.

Ratios To Watch

Digging into a few ratios associated with a company generally gives investors an understanding of how dangerous and/or rewarding a stock pick may be. Here are a few of the important ratios to consider when digging into TRIL.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it means that more investors have a belief that the value of the stock is going to go down. Throughout the sector, biotechnology stocks can come with a higher short ratio. On the other hand, we also tend to see quite a few short squeezes in the space. Nonetheless, with regard to Trillium Therapeutics Inc., the stock’s short ratio clocks in at 0.49.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay for its debts as they mature using current assets or quick assets. Because many biotech many companies rely on continued investor support, these ratios can look bad. However, some good picks in the biotech sector do have strong current and quick ratios. As it relates to TRIL, the quick and current ratios total up to 0 and 0 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets currently owned by the company to the price of shares. In this case, the book to share value ratio works out to 0.09.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the value of shares. Several early stage biotech companies have a hard time keeping cash on hand. So, if you’re considering an investment in a stock in the biotech industry, this is a very important ratio to think about. In the case of TRIL, the cash to share value ratio is 0.

Analyst Opinions Of Trillium Therapeutics Inc.

While it’s rarely a good idea to unknowingly follow the opinions of analysts, it is a smart idea to consider their analysis when validating your own due diligence when it comes to making investment decisions in the biotech sector. Below you’ll find the recent moves that we’ve seen from analysts when it comes to TRIL.

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Apr-13-18 Resumed Leerink Partners Mkt Perform $7
Jul-17-17 Initiated H.C. Wainwright Buy $7
Aug-03-16 Initiated Ladenburg Thalmann Buy $18
May-15-15 Initiated Oppenheimer Outperform $32
Apr-27-15 Initiated Leerink Partners Outperform $29

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in TRIL, here’s what we’re seeing:

Institutions own 40.67% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 0.26% percent of TRIL shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 14.69M shares of Trillium Therapeutics Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, TRIL has a float of 14.69M.

I also like to follow the short float. Think about it, if a large percentage of the float is shorted, the overall opinion among investors is that the stock is going to take a dive. When it comes to TRIL, the short percentage of the float totals up to 2.09%. Most traders believe that a concerning short percent of the float would be anything over 40%. Nonetheless, I have found that a short ratio over 26% is probably going to be a play that comes with hefty risk.

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-2.92. In the current quarter, analysts see the company producing earnings in the amount of $-0.90. Over the last 5 years, TRIL has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 0.

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