Elutia Inc Stock Price History

ELUT Stock   4.84  1.31  37.11%   
Below is the normalized historical share price chart for Elutia Inc extending back to October 08, 2020. 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 Elutia stands at 4.84, as last reported on the 21st of December, with the highest price reaching 4.84 and the lowest price hitting 3.48 during the day.
IPO Date
7th of September 2023
200 Day MA
3.6232
50 Day MA
3.8417
Beta
0.76
 
Covid
If you're considering investing in Elutia Stock, it is important to understand the factors that can impact its price. Elutia appears to be unstable, given 3 months investment horizon. Elutia Inc secures Sharpe Ratio (or Efficiency) of 0.083, which denotes the company had a 0.083% return per unit of risk over the last 3 months. By reviewing Elutia's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Elutia's Coefficient Of Variation of 1207.5, mean deviation of 3.68, and Downside Deviation of 4.42 to check if our risk estimates are consistent with your expectations.
  
At this time, Elutia's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 13.3 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (36.7 M). . At this time, Elutia's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.08 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (1.89) in 2024. Elutia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.083

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Estimated Market Risk

 6.66
  actual daily
59
59% of assets are less volatile

Expected Return

 0.55
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Elutia is performing at about 6% of its full potential. 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 Elutia by adding it to a well-diversified portfolio.
Enterprise Value Ebitda
(3.32)
Price Sales
4.8827
Shares Float
17.8 M
Wall Street Target Price
9
Earnings Share
(2.35)

Elutia Stock Price History Chart

There are several ways to analyze Elutia Stock price data. The simplest method is using a basic Elutia candlestick price chart, which shows Elutia 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 PriceDecember 20, 20244.84
Lowest PriceOctober 23, 20243.14

Elutia December 21, 2024 Stock Price Synopsis

Various analyses of Elutia's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Elutia Stock. It can be used to describe the percentage change in the price of Elutia from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Elutia Stock.
Elutia Price Rate Of Daily Change 1.37 
Elutia Price Action Indicator 1.34 
Elutia Accumulation Distribution 47,268 
Elutia Price Daily Balance Of Power 0.96 

Elutia December 21, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Elutia 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 Elutia intraday prices and daily technical indicators to check the level of noise trading in Elutia Stock and then apply it to test your longer-term investment strategies against Elutia.

Elutia Stock Price History Data

The price series of Elutia for the period between Sun, Sep 22, 2024 and Sat, Dec 21, 2024 has a statistical range of 1.7 with a coefficient of variation of 9.86. Under current investment horizon, the daily prices are spread out with arithmetic mean of 3.85. The median price for the last 90 days is 3.81.
OpenHighLowCloseVolume
12/20/2024 3.52  4.84  3.48  4.84  168,220 
12/19/2024 3.81  3.81  3.30  3.53  47,666 
12/18/2024 4.20  4.20  3.77  3.78  37,237 
12/17/2024 4.20  4.20  4.00  4.20  15,440 
12/16/2024 4.20  4.22  4.10  4.13  23,585 
12/13/2024 3.96  4.40  3.93  4.14  25,605 
12/12/2024 4.02  4.10  3.90  3.96  17,477 
12/11/2024 4.20  4.41  3.93  4.01  30,221 
12/10/2024 4.25  4.41  4.23  4.29  42,907 
12/09/2024 4.39  4.39  4.10  4.21  47,787 
12/06/2024 4.56  4.77  4.29  4.39  54,812 
12/05/2024 4.84  4.84  4.22  4.31  22,250 
12/04/2024 4.79  5.12  4.61  4.75  83,861 
12/03/2024 4.43  4.90  4.43  4.75  106,925 
12/02/2024 4.06  4.50  4.06  4.34  37,185 
11/29/2024 3.96  4.26  3.96  4.14  23,925 
11/27/2024 4.06  4.77  4.06  4.19  91,881 
11/26/2024 4.23  4.29  3.95  4.00  38,539 
11/25/2024 4.11  4.27  3.99  4.16  14,715 
11/22/2024 4.50  4.50  3.95  4.12  48,586 
11/21/2024 4.27  4.40  4.02  4.40  40,883 
11/20/2024 4.27  4.42  4.01  4.38  44,501 
11/19/2024 3.66  4.21  3.51  4.21  38,361 
11/18/2024 3.41  3.63  3.41  3.61  10,024 
11/15/2024 3.56  3.90  3.41  3.56  49,974 
11/14/2024 3.67  3.83  3.67  3.83  15,008 
11/13/2024 3.77  3.80  3.57  3.75  5,475 
11/12/2024 3.72  3.80  3.68  3.80  6,535 
11/11/2024 3.80  4.02  3.63  3.80  27,597 
11/08/2024 3.75  3.88  3.72  3.80  22,904 
11/07/2024 3.66  3.85  3.66  3.79  11,980 
11/06/2024 3.88  3.88  3.52  3.69  28,359 
11/05/2024 3.79  3.86  3.72  3.83  84,759 
11/04/2024 3.16  3.88  3.16  3.80  36,659 
11/01/2024 3.30  3.30  3.13  3.19  10,672 
10/31/2024 3.29  3.29  3.12  3.20  8,275 
10/30/2024 3.21  3.31  3.17  3.17  20,879 
10/29/2024 3.19  3.31  3.14  3.30  7,642 
10/28/2024 3.25  3.39  3.20  3.27  10,204 
10/25/2024 3.27  3.39  3.19  3.31  17,708 
10/24/2024 3.07  3.24  3.06  3.23  15,643 
10/23/2024 3.11  3.28  2.78  3.14  36,729 
10/22/2024 3.42  3.42  2.96  3.27  261,403 
10/21/2024 3.49  3.53  3.25  3.35  86,125 
10/18/2024 3.61  3.68  3.49  3.58  36,765 
10/17/2024 3.72  3.74  3.50  3.59  65,564 
10/16/2024 3.78  3.99  3.64  3.81  41,169 
10/15/2024 3.77  3.87  3.76  3.84  19,565 
10/14/2024 3.84  3.85  3.61  3.74  26,207 
10/11/2024 3.62  3.95  3.62  3.70  21,485 
10/10/2024 3.81  3.81  3.65  3.75  4,983 
10/09/2024 3.86  3.86  3.66  3.81  20,241 
10/08/2024 3.84  3.84  3.73  3.81  5,816 
10/07/2024 3.80  3.89  3.61  3.81  12,089 
10/04/2024 3.85  3.85  3.70  3.79  17,620 
10/03/2024 3.73  3.99  3.70  3.81  20,137 
10/02/2024 3.85  3.88  3.80  3.81  8,642 
10/01/2024 3.85  3.85  3.81  3.83  10,421 
09/30/2024 3.86  3.91  3.77  3.81  14,648 
09/27/2024 3.95  3.99  3.76  3.85  10,763 
09/26/2024 3.70  4.20  3.70  3.91  48,046 

About Elutia Stock history

Elutia 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 Elutia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elutia Inc 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 Elutia stock prices may prove useful in developing a viable investing in Elutia
Last ReportedProjected for Next Year
Common Stock Shares Outstanding18.2 M13.8 M
Net Loss-29.6 M-31.1 M

Elutia Stock Technical Analysis

Elutia 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 Elutia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elutia 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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Elutia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Elutia's price direction in advance. Along with the technical and fundamental analysis of Elutia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elutia 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.

Additional Tools for Elutia Stock Analysis

When running Elutia's price analysis, check to measure Elutia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elutia is operating at the current time. Most of Elutia's value examination focuses on studying past and present price action to predict the probability of Elutia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elutia's price. Additionally, you may evaluate how the addition of Elutia to your portfolios can decrease your overall portfolio volatility.