In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
Purple Biotech Ltd ADR (NASDAQ: PPBT) closed the day trading at $0.75 down -8.56% from the previous closing price of $0.82. In other words, the price has decreased by -$8.56 from its previous closing price. On the day, 0.51 million shares were traded. PPBT stock price reached its highest trading level at $0.7989 during the session, while it also had its lowest trading level at $0.73.
Ratios:
For a better understanding of PPBT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PPBT now has a Market Capitalization of 7806218 and an Enterprise Value of 674580992.
Stock Price History:
The Beta on a monthly basis for PPBT is 0.62, which has changed by -0.78814435 over the last 52 weeks, in comparison to a change of 0.13613915 over the same period for the S&P500. Over the past 52 weeks, PPBT has reached a high of $5.20, while it has fallen to a 52-week low of $0.53. The 50-Day Moving Average of the stock is 2.27%, while the 200-Day Moving Average is calculated to be -59.01%.
Shares Statistics:
Over the past 3-months, PPBT traded about 7.27M shares per day on average, while over the past 10 days, PPBT traded about 1266820 shares per day. A total of 9.29M shares are outstanding, with a floating share count of 9.28M. Insiders hold about 0.10% of the company’s shares, while institutions hold 1.43% stake in the company. Shares short for PPBT as of 1764288000 were 259664 with a Short Ratio of 0.04, compared to 1761868800 on 2836678. Therefore, it implies a Short% of Shares Outstanding of 259664 and a Short% of Float of 2.9000001.
