EyePoint Pharmaceuticals, Inc. (EYPT) Stock: A Good Pick In The Biotech Industry?

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EyePoint Pharmaceuticals, Inc. (EYPT) is headed up in the market today. The stock, one that is focused in the biotechnology space, is currently priced at $1.62 after climbing 10.20% so far in today’s session. In terms of biotechnology stocks, there are quite a few aspects that have the ability to cause movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories centered around EYPT:

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Jun-10-19 07:00AM EyePoint Pharmaceuticals Strengthens Executive Leadership Team with Key Hires
May-17-19 04:39AM Edited Transcript of EYPT earnings conference call or presentation 8-May-19 12:30pm GMT
May-15-19 07:00AM EyePoint Pharmaceuticals to Present at Upcoming Investor Conferences
May-08-19 07:30AM EyePoint Pharmaceuticals (EYPT) Reports Q1 Loss, Misses Revenue Estimates
06:13AM EyePoint Pharmaceuticals: 1Q Earnings Snapshot

Nonetheless, any time investors are making an investing decision, investors should take a look at far more than just news, this is especially the case in the speculative biotechnology industry. Here’s what’s happening in regard to EyePoint Pharmaceuticals, Inc..

What We’ve Seen From EYPT

Although a single session gain, like the gain that we’re seeing from EyePoint Pharmaceuticals, Inc. may lead to excitement in some investors, a single session gain by itself shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It is generally a good idea to take a look at trends further out than a single trading session. In the case of EYPT, below are the returns that we’ve seen:

  • Past 5 Sessions – Throughout the past week, EYPT has generated a change in price in the amount of -6.37%.
  • Monthly – The monthly ROI from EyePoint Pharmaceuticals, Inc. comes to -9.26%.
  • Quarterly – In the last 3 months, the stock has generated a return that comes to -41.43%
  • Past 6 Months – Over the past six months, we’ve seen a performance of -32.57% from the company.
  • This Year So Far – Since the the first trading session of this year EYPT has generated a return of -22.22%.
  • Full Year – Finally, throughout the last full year, we have seen a change that works out to -35.38% out of EYPT. In this period, the stock has sold at a high of -58.88% and a low of 30.65%.

Important Ratios

Looking at various ratios having to do with a company can provide prospective investors a view of how dangerous and/or potentially profitable a an investment option might be. Here are a few of the most important ratios to think about when digging into EYPT.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors have a belief that the price of the stock is headed for declines. In general, biotechnology stocks can have a higher short ratio. On the other hand, we also tend to see a lot of short squeezes in the sector. Nonetheless, in relation to EyePoint Pharmaceuticals, Inc., it’s short ratio comes to 6.90.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure the company’s abilities to pay its debts as they mature using quick assets or current assets. Because many biotech companies are reliant on the continuation of investor support, the current and quick ratios can seem upsetting. However, some gems in the biotech space come with great current and quick ratios. In terms of EYPT, the quick and current ratios work out to 1.90 and 2.00 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the share price of the stock. In this particular case, that ratio equates to 0.21.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. Several early stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotech sector, this is a very important ratio to consider. In this case, the cash to share value ratio comes to 0.39.

How Analysts Feel About EyePoint Pharmaceuticals, Inc.

While it’s never a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their opinions in order to validate your own thoughts before making an investment decision in the biotech sector. Below are the recent moves that we’ve seen from analysts as it relates to EYPT.

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What Are Big Money Players Doing With EyePoint Pharmaceuticals, Inc.

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 EYPT, here’s what we’re seeing:

  • Institutions – At the moment, institutional investors own 62.10% of the company. However, it’s important to consider that the ownership held by institutions has moved in the amount of 10.58% in the past quarter.
  • Insider Holdings – with regard to insiders, members of the management team and others close to EYPT currently own 0.60% of the company. Their ownership of the company has moved 0 in the last quarter.

A Look At Share Counts

Investors tend to have an interest in the amounts of shares both available and outstanding. In regard to EyePoint Pharmaceuticals, Inc., currently there are 111.92M and there is a float of 100.22M. These data mean that of the total of 111.92M shares of EYPT currently in existence today, 100.22M are able to be traded on the public market.

It’s also important to pay attention to the short percent. Think about it, when a large portion of the float available for trading is sold short, the overall feeling in the market is that the company is going to lose value. When it comes to EYPT, the percentage of the float that is currently being sold short is 2.82%. In general, concerning short percent of the float is considered to be anything over 40%. However, I’ve calculated that any short percent of the float over 26% is likely a a play that could prove to be very risky.

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.10. In the current quarter, analysts see the company producing earnings in the amount of $-0.11. Over the last 5 years, EYPT has generated revenue in the amount of $-3.40% with earnings coming in at -1.60%. On a quarter over quarter basis, earnings have seen movement of -31.80% and revenue has seen movement of 122.20%.

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