How is X4 Pharmaceuticals Inc.’s (NASDAQ: XFOR) stock expected to perform amid current market woes?

In other words, the price has increased by $0.0000 from its previous closing price. On the day, 774354 shares were traded. XFOR stock price reached its highest trading level at $1.0450 during the session, while it also had its lowest trading level at $0.9458.

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Ratios:

Our goal is to gain a better understanding of XFOR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.00 and its Current Ratio is at 3.00. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.30.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on December 22, 2022, initiated with a Overweight rating and assigned the stock a target price of $3.

On December 12, 2022, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $3.

On December 23, 2019, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $20.Oppenheimer initiated its Outperform rating on December 23, 2019, with a $20 target price.

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 Jun 03 when Ragan Paula sold 6,292 shares for $1.21 per share. The transaction valued at 7,613 led to the insider holds 661,806 shares of the business.

Stock Price History:

Over the past 52 weeks, XFOR has reached a high of $2.41, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 1.2475, while the 200-Day Moving Average is calculated to be 1.3079.

Shares Statistics:

The stock has traded on average 1.31M shares per day over the past 3-months and 911.05k shares per day over the last 10 days, according to various share statistics. A total of 83.21M shares are outstanding, with a floating share count of 68.54M. Insiders hold about 0.90% of the company’s shares, while institutions hold 35.00% stake in the company. Shares short for XFOR as of Oct 13, 2022 were 1.65M with a Short Ratio of 1.58M, compared to 486.61k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.40% and a Short% of Float of 2.44%.

Earnings Estimates

Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of -$0.3 for the current quarter, with a high estimate of -$0.23 and a low estimate of -$0.46, while EPS last year was -$0.76. The consensus estimate for the next quarter is -$0.31, with high estimates of -$0.21 and low estimates of -$0.61.

Analysts are recommending an EPS of between -$1.38 and -$3.2 for the fiscal current year, implying an average EPS of -$1.9. EPS for the following year is -$1.43, with 6 analysts recommending between -$0.85 and -$3.36.