200wk Uptrend — rising+above (sma 1.18 vs px 2.20)
Funds Accumulating — momZ +3.09 · 0.54→0.69
Founder-Led — founder/CEO led
About Equillium Inc
Equillium, Inc., a clinical-stage biotechnology company, develops therapeutics to treat severe autoimmune and inflammatory, or immuno-inflammatory disorders in the United States. The company develops EQ504, a novel AhR modulator that is in preclinical-stage for the treatment of ulcerative colitis and lung inflammation diseases. It also develops EQ302, a bi-specific inhibitor of IL-15 and IL-21 formulated for oral delivery for the treatment of cel… Read full Trend Edge analysis →
Sector: Healthcare
Industry: Biotechnology
Exchange: NASDAQ
IPO Date: October 11, 2018
Headquarters: 2223 Avenida De La Playa, La Jolla, CA, United States, 92037
Founder-Led: Yes — Bruce D. Steel (Chief Executive Officer & Director), Stephen Connelly (Chief Scientific Officer & President)
Key Metrics
Current Price
$2.18
Market Cap
$144M
Float
35.7M
Shares Outstanding
63.4M
P/E (Forward)
1.53
Price/Sales (TTM)
20.22
vs. Analyst Target
+292.5% to analyst PT
Revenue (TTM)
$4.4M
Dividend Rate
None
Analyst Target Price
$8.56 (2 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
N/A
-$29.8M
-$45,000
-$29.5M
2021
N/A
-$39.0M
-$72,000
-$37.7M
2022
$15.8M
-$62.4M
$15.8M
-$61.3M
2023
$36.1M
-$13.3M
$36.1M
-$12.1M
2024
$41.1M
-$8.1M
$41.1M
-$7.6M
2025
$130,000
-$22.4M
-$116,000
-$22.3M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
N/A
-$4.2M
Dec 2025
N/A
-$3.8M
Mar 2026
N/A
-$5.3M
Jun 2026
N/A
-$4.7M
Ownership & Float
Insider Ownership
16.0%
Institutional Ownership
65.8%
Short Float
15.2%
% of All Funds Holding
0.69%
Number of Funds Holding
61
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$2.51
Near-term / short-term trend
Weekly
40-Week SMA
$2.01
Medium-term trend
Weekly
80-Week SMA
$1.43
Cyclical trend (business cycle)
Weekly
200-Week SMA
$1.18
Secular trend (multi-year)
Monthly
10-Month SMA
$2.02
Near-term monthly trend
Monthly
20-Month SMA
$1.41
Medium-term monthly trend
Monthly
40-Month SMA
$1.20
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$3.10
resistance
1.33x
0 months ago
$0.40
support
8.14x
11 months ago
Historical Earnings Reactions (32 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.12%
0.00%
43.75%
6.74%
-9.65%
1 Day
2.15%
0.33%
53.13%
44.83%
-16.33%
1 Week
2.70%
-0.07%
46.88%
66.07%
-23.75%
2 Weeks
4.13%
1.45%
51.61%
114.29%
-33.33%
1 Month
2.86%
-6.25%
38.71%
241.07%
-60.56%
Next earnings: November 1, 2026 (67 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
5.5%
75.0%
8
Feb
32.1%
62.5%
8
Mar
-15.4%
37.5%
8
Apr
-11.8%
37.5%
8
May
8.6%
75.0%
8
Jun
-12.0%
25.0%
8
Jul
24.7%
50.0%
8
Aug
55.7%
71.4%
7
Sep
-8.6%
14.3%
7
Oct
-6.9%
28.6%
7
Nov
-9.1%
25.0%
8
Dec
-1.4%
50.0%
8
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
1.65%
40.6%
372
Tuesday
-0.29%
40.8%
407
Wednesday
0.06%
42.6%
404
Thursday
0.40%
45.7%
396
Friday
0.36%
46.6%
395
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 65.8%
Insider Transactions — Smart Summary
Total insider ownership: 16.0%
Founder-led management: Bruce D. Steel (Chief Executive Officer & Director), Stephen Connelly (Chief Scientific Officer & President)
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The analysis covers five layers:
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