Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Salarius Pharmaceuticals Inc (NASDAQ: SLRX) closed the day trading at $0.98 down -51.00% from the previous closing price of $2.0. In other words, the price has decreased by -$51.00 from its previous closing price. On the day, 5.61 million shares were traded. SLRX stock price reached its highest trading level at $1.1899 during the session, while it also had its lowest trading level at $0.91.
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, Ladenburg Thalmann on April 27, 2020, initiated with a Buy rating and assigned the stock a target price of $3.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLRX now has a Market Capitalization of 1030746 and an Enterprise Value of -761585.
Stock Price History:
The Beta on a monthly basis for SLRX is 0.38, which has changed by -0.90543735 over the last 52 weeks, in comparison to a change of 0.14151978 over the same period for the S&P500. Over the past 52 weeks, SLRX has reached a high of $108.00, while it has fallen to a 52-week low of $1.99. The 50-Day Moving Average of the stock is -75.79%, while the 200-Day Moving Average is calculated to be -91.19%.
Shares Statistics:
Over the past 3-months, SLRX traded about 273.12K shares per day on average, while over the past 10 days, SLRX traded about 391300 shares per day. A total of 1.05M shares are outstanding, with a floating share count of 1.05M. Insiders hold about 0.08% of the company’s shares, while institutions hold 0.70% stake in the company. Shares short for SLRX as of 1761868800 were 360165 with a Short Ratio of 1.29, compared to 1759190400 on 117000. Therefore, it implies a Short% of Shares Outstanding of 360165 and a Short% of Float of 34.27.
