Goldman cuts 2seventy bio to neutral, cites competition concerns

TSVT Stock  USD 3.99  0.03  0.76%   
Slightly above 53% of 2Seventy Bio's investor base is interested to short. The analysis of the overall investor sentiment regarding 2Seventy Bio suggests that many traders are impartial. 2Seventy Bio's investing sentiment can be driven by a variety of factors including economic data, 2Seventy Bio's earnings reports, geopolitical events, and overall market trends.
  
Goldman Sachs has downgraded 2seventy bio to neutral, citing competition concerns. Read more here.

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2Seventy Bio Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards 2Seventy Bio can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

2Seventy Bio Fundamental Analysis

We analyze 2Seventy Bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 2Seventy Bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 2Seventy Bio based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Operating Margin

Operating Margin Comparative Analysis

2Seventy Bio is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

2Seventy Bio Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 2Seventy Bio stock to make a market-neutral strategy. Peer analysis of 2Seventy Bio could also be used in its relative valuation, which is a method of valuing 2Seventy Bio by comparing valuation metrics with similar companies.

Peers

2Seventy Bio Related Equities

MRSNMersana Therapeutics   4.11   
0%
100.0%
PBYIPuma Biotechnology   2.87   
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69.0%
CGEMCullinan Oncology   2.75   
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66.0%
PLRXPliant Therapeutics   2.00   
0%
48.0%
STOKStoke Therapeutics   1.68   
0%
40.0%
DAWNDay One   1.53   
0%
37.0%
SNDXSyndax Pharmaceuticals   1.27   
0%
30.0%
KZRKezar Life   0.95   
0%
23.0%
REPLReplimune   0.21   
0%
5.0%
ASNDAscendis Pharma   0.18   
4.0%
0%
INZYInozyme Pharma   0.37   
9.0%
0%
ZNTLZentalis Pharmaceuticals   0.55   
13.0%
0%
CRNXCrinetics Pharmaceuticals   0.81   
19.0%
0%
IOVAIovance Biotherapeutics   0.85   
20.0%
0%
PHATPhathom Pharmaceuticals   1.32   
32.0%
0%
RLAYRelay Therapeutics   2.08   
50.0%
0%
RCUSArcus Biosciences   2.28   
55.0%
0%
PTGXProtagonist Therapeutics   2.56   
62.0%
0%
SRPTSarepta Therapeutics   3.33   
81.0%
0%

Additional Tools for 2Seventy Stock Analysis

When running 2Seventy Bio's price analysis, check to measure 2Seventy Bio'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 2Seventy Bio is operating at the current time. Most of 2Seventy Bio's value examination focuses on studying past and present price action to predict the probability of 2Seventy Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2Seventy Bio's price. Additionally, you may evaluate how the addition of 2Seventy Bio to your portfolios can decrease your overall portfolio volatility.