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2 US Listed Healthcare Stocks Under Watch Zone: Sema4 Holdings & T2 Biosystems

Aug 24, 2021 | Team Kalkine
2 US Listed Healthcare Stocks Under Watch Zone: Sema4 Holdings & T2 Biosystems

 

Sema4 Holdings Corp

Sema4 Holdings Corp (NASDAQ: SMFR) was formerly known as CM Life Sciences Inc. It is a health intelligence company. SMFR focuses on advanced healthcare using data-driven insights.

Investment Highlights – Watch at USD 9.33

  • The Company made a loss from operations in Q2 FY2021.
  • Its cash declined from USD 1.09 million in FY2020 to USD 0.17 million in H1 FY2021.
  • On the liquidity front, SMFR’s current ratio in Q2 FY2021 has been much lower than 1.00x.
  • From a technical standpoint, the stock price is sustaining below the 20-day EMA of about USD 10.72. Hence, there could be a correction in the stock price in the near term.

One Year Share Price Chart

(Source: Refinitiv, Analysis done by Kalkine Group)

Conclusion

Based on its loss-making operations and reduced liquidity, we have given a "WATCH" stance on Sema4 Holdings Corp at the closing market price of USD 9.33 (as of 23 August 2021). 

T2 Biosystems Inc

T2 Biosystems Inc (NASDAQ: TTOO) is a diagnostics company. It uses its T2MR technology and detects pathogens rapidly.

Investment Highlights – Watch at USD 0.91

  • The Company made a net loss in H1 FY2021.
  • TTOO is dependent on external funding to run its operation.
  • On the profitability front, TTOO’s gross margin in Q2 FY2021 has been much lower than the industry median of 85.4%.
  • On the liquidity front, TTOO’s current ratio in Q2 FY2021 has been lower than the industry median of 7.43x.
  • On the leverage front, TTOO’s debt/equity ratio in Q2 FY2021 has been much higher than the industry median of 0.00x.
  • From a technical standpoint, the stock price is sustaining below the 20-day EMA of about USD 1.00, indicating a potential correction in the stock price in the near term.

One Year Share Price Chart

(Source: Refinitiv, Analysis done by Kalkine Group)

Conclusion

Based on its loss-making operations and its dependence on external funding, we have given a "WATCH" stance on T2 Biosystems Inc at the closing market price of USD 0.91 (as of 23 August 2021).

 

*The reference data in this report has been partly sourced from Refinitiv.


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