Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
Redhill Biopharma Ltd. ADR (NASDAQ: RDHL) closed the day trading at $1.08 down -14.96% from the previous closing price of $1.27. In other words, the price has decreased by -$14.96 from its previous closing price. On the day, 1.12 million shares were traded. RDHL stock price reached its highest trading level at $1.6 during the session, while it also had its lowest trading level at $1.07.
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 August 31, 2021, initiated with a Overweight rating and assigned the stock a target price of $22.
On May 18, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $23.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDHL now has a Market Capitalization of 3596249 and an Enterprise Value of 19469758464. Its current Enterprise Value per Revenue stands at 2038.718 whereas that against EBITDA is -2335.624.
Stock Price History:
The Beta on a monthly basis for RDHL is 4.81, which has changed by -0.8471721 over the last 52 weeks, in comparison to a change of 0.15566266 over the same period for the S&P500. Over the past 52 weeks, RDHL has reached a high of $8.75, while it has fallen to a 52-week low of $1.06. The 50-Day Moving Average of the stock is -33.43%, while the 200-Day Moving Average is calculated to be -55.54%.
Shares Statistics:
Over the past 3-months, RDHL traded about 1.36M shares per day on average, while over the past 10 days, RDHL traded about 170930 shares per day. A total of 3.33M shares are outstanding, with a floating share count of 2.96M. Insiders hold about 11.09% of the company’s shares, while institutions hold 3.08% stake in the company. Shares short for RDHL as of 1760486400 were 29866 with a Short Ratio of 0.02, compared to 1757894400 on 37835. Therefore, it implies a Short% of Shares Outstanding of 29866 and a Short% of Float of 0.97.
