YTEN Stock Summary and Trading Ideas (Yield10 Bioscience | NASDAQ:YTEN)

Yield10 Bioscience Inc is an agricultural bioscience company. It is leveraging advanced genetics to develop the oilseed Camelina sativa as a platform crop for large-scale production of sustainable seed products. These seed products include feedstock oils for renewable diesel and sustainable aviation biofuels; omega-3 (EPA and DHA+EPA) oils for pharmaceutical, nutraceutical and aquafeed applications; and, in the future, PHA bioplastics for use as biodegradable bioplastics.

Yield10 Bioscience trades on the NASDAQ stock market under the symbol YTEN.

As of April 17, 2024, YTEN stock price declined to $0.28 with 149,062 million shares trading.

YTEN has a beta of 1.16, meaning it tends to be more sensitive to market movements. YTEN has a correlation of 0.01 to the broad based SPY ETF.

YTEN has a market cap of $4.29 million. This is considered a Sub-Micro Cap stock.

Last quarter Yield10 Bioscience reported $0 in Revenue and -$.27 earnings per share. This fell short of revenue expectation by $-30,000 and exceeded earnings estimates by $.03.

In the last 3 years, YTEN stock traded as high as $10.89 and as low as $.18.

The top ETF exchange traded funds that YTEN belongs to (by Net Assets): VXF, CCSO.

YTEN stock has underperformed the market in the last year with a return of -90.5%, while SPY returned +23.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in YTEN shares. However, YTEN has outperformed the market in the last 3 month and 2 week periods, returning +26.6% and +26.6%, while SPY returned +5.7% and -3.5%, respectively. This indicates YTEN has been having a stronger performance recently.

YTEN support price is $.25 and resistance is $.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that YTEN stock will trade within this expected range on the day.