As the world becomes increasingly uncertain, Indaptus Therapeutics Inc (INDP) offers stability

After finishing at $2.49 in the prior trading day, Indaptus Therapeutics Inc (NASDAQ: INDP) closed at $2.24, down -10.04%. In other words, the price has decreased by -$0.2500 from its previous closing price. On the day, 55514 shares were traded.

Ratios:

Our goal is to gain a better understanding of INDP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.05 and its Current Ratio is at 5.05. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 14 ’23 when Anderson Glen R. bought 23,934 shares for $2.34 per share. The transaction valued at 56,006 led to the insider holds 1,190,400 shares of the business.

Anderson Glen R. bought 35,064 shares of INDP for $74,336 on Aug 11 ’23. The 10% Owner now owns 1,166,466 shares after completing the transaction at $2.12 per share. On Aug 10 ’23, another insider, Anderson Glen R., who serves as the 10% Owner of the company, bought 44,354 shares for $1.94 each. As a result, the insider paid 86,047 and bolstered with 1,131,402 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INDP now has a Market Capitalization of 21.18M and an Enterprise Value of 7.99M.

Stock Price History:

Over the past 52 weeks, INDP has reached a high of $4.08, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 1.9128, while the 200-Day Moving Average is calculated to be 2.1695.

Shares Statistics:

The stock has traded on average 82.29K shares per day over the past 3-months and 49.65k shares per day over the last 10 days, according to various share statistics. A total of 8.40M shares are outstanding, with a floating share count of 5.86M. Insiders hold about 31.38% of the company’s shares, while institutions hold 7.05% stake in the company. Shares short for INDP as of Mar 15, 2024 were 99.43k with a Short Ratio of 1.21, compared to 17.16k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.16% and a Short% of Float of 1.65%.

Earnings Estimates

Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.44 for the current quarter, with a high estimate of -$0.44 and a low estimate of -$0.44, while EPS last year was -$0.51. The consensus estimate for the next quarter is -$0.4, with high estimates of -$0.4 and low estimates of -$0.4.

Analysts are recommending an EPS of between -$2.16 and -$2.16 for the fiscal current year, implying an average EPS of -$2.16. EPS for the following year is -$1.41, with 1 analysts recommending between -$1.41 and -$1.41.

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