|Bid||2.6100 x 800|
|Ask||2.6200 x 3200|
|Day's Range||2.3300 - 2.6350|
|52 Week Range||2.0300 - 7.5000|
|Beta (5Y Monthly)||-0.54|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Investors need to pay close attention to Evofem Biosciences (EVFM) stock based on the movements in the options market lately.
Shares of Evofem Biosciences (NASDAQ: EVFM) are down by 20.6% as of 11:43 a.m. EDT on Friday, after dropping by as much as 25.4% earlier today. Officers and directors of a publicly traded company are required by law to disclose information regarding when they buy or sell shares of the business. How does Evofem Biosciences fare in that regard?
During Q2, Evofem Biosciences's (NASDAQ: EVFM) reported sales totaled $0.00. Despite a 16.25% in earnings, the company posted a loss of $22.37 million. Evofem Biosciences collected $0.00 in revenue during Q1, but reported earnings showed a $19.24 million loss.Why ROCE Is Significant Changes in earnings and sales indicate shifts in Evofem Biosciences's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed in a business. Generally, a higher ROCE suggests successful growth in a company and is a sign of higher earnings per share for shareholders in the future. In Q2, Evofem Biosciences posted an ROCE of -0.33%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.Return on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.In Evofem Biosciences's case, the ROCE ratio shows the amount of assets may not be helping the company achieve higher returns. Investors may take this into account before making any long-term financial decisions.Q2 Earnings Recap Evofem Biosciences reported Q2 earnings per share at $-0.39/share, which did not meet analyst predictions of $-0.37/share.See more from Benzinga * Stocks That Hit 52-Week Lows On Friday * Stocks That Hit 52-Week Lows On Thursday * Benzinga's Top Upgrades, Downgrades For August 20, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.