company background image
3T2 logo

T2 Biosystems DB:3T2 Stock Report

Last Price

€0.35

Market Cap

€8.2m

7D

-1.1%

1Y

n/a

Updated

03 Jan, 2025

Data

Company Financials +

3T2 Stock Overview

An in vitro diagnostics company, develops and sells diagnostic products and product candidates in the United States and internationally. More details

3T2 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

T2 Biosystems, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for T2 Biosystems
Historical stock prices
Current Share PriceUS$0.35
52 Week HighUS$6.00
52 Week LowUS$0.28
Beta0.39
1 Month Change-29.58%
3 Month Change-78.53%
1 Year Changen/a
3 Year Change-99.98%
5 Year Change-99.99%
Change since IPO-100.00%

Recent News & Updates

Recent updates

Shareholder Returns

3T2DE BiotechsDE Market
7D-1.1%2.4%-0.4%
1Yn/a-10.2%7.9%

Return vs Industry: Insufficient data to determine how 3T2 performed against the German Biotechs industry.

Return vs Market: Insufficient data to determine how 3T2 performed against the German Market.

Price Volatility

Is 3T2's price volatile compared to industry and market?
3T2 volatility
3T2 Average Weekly Movement24.8%
Biotechs Industry Average Movement7.3%
Market Average Movement4.9%
10% most volatile stocks in DE Market12.1%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 3T2's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 3T2's weekly volatility has increased from 18% to 25% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006113John Sperzelwww.t2biosystems.com

T2 Biosystems, Inc., an in vitro diagnostics company, develops and sells diagnostic products and product candidates in the United States and internationally. Its technology enables detection of pathogens, biomarkers, and other abnormalities in various unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum, cerebral spinal fluid, and urine. The company also offers T2Dx Instrument, a bench-top instrument that runs various diagnostic tests from patient samples; T2Candida panel, a direct-from-blood molecular diagnostic test panel that detects lethal form of common blood stream infections, which cause sepsis and candidemia; T2Bacteria panel, a direct-from-blood molecular diagnostic test panel, which detects bacterial pathogens in blood stream infections; T2Resistance panel, a direct-from-blood test that identifies carbapenem resistance genes; and T2Biothreat, a direct-from-blood molecular diagnostic test panel that runs on the T2Dx Instrument and detects biothreat pathogens.

T2 Biosystems, Inc. Fundamentals Summary

How do T2 Biosystems's earnings and revenue compare to its market cap?
3T2 fundamental statistics
Market cap€8.17m
Earnings (TTM)-€41.68m
Revenue (TTM)€7.45m

1.1x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3T2 income statement (TTM)
RevenueUS$7.68m
Cost of RevenueUS$26.70m
Gross Profit-US$19.03m
Other ExpensesUS$23.93m
Earnings-US$42.95m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.04
Gross Margin-247.83%
Net Profit Margin-559.52%
Debt/Equity Ratio-101.8%

How did 3T2 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 11:35
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

T2 Biosystems, Inc. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin HaynorAlliance Global Partners
Karen KoskiBTIG
Kyle MiksonCanaccord Genuity