Market Momentum Report: Purple Biotech Ltd ADR (PPBT)’s Negative Close at 0.71

Kevin Freeman

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

The price of Purple Biotech Ltd ADR (NASDAQ: PPBT) closed at $0.71 in the last session, down -1.22% from day before closing price of $0.71. In other words, the price has decreased by -$1.22 from its previous closing price. On the day, 63989.0 shares were traded. PPBT stock price reached its highest trading level at $0.71 during the session, while it also had its lowest trading level at $0.69.

Ratios:

We take a closer look at PPBT’s different ratios to gain a better understanding of the stock. 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 7329494 and an Enterprise Value of 632764288.

Stock Price History:

The Beta on a monthly basis for PPBT is 0.62, which has changed by -0.8351039 over the last 52 weeks, in comparison to a change of 0.14446163 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 -6.63%, while the 200-Day Moving Average is calculated to be -59.67%.

Shares Statistics:

According to the various share statistics, PPBT traded on average about 7.24M shares per day over the past 3-months and 1286650 shares per day over the past 10 days. 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 0.08, compared to 1761868800 on 2836678. Therefore, it implies a Short% of Shares Outstanding of 259664 and a Short% of Float of 2.9000001.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.