Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Inhibikase Therapeutics Inc (NASDAQ: IKT) closed the day trading at $1.77 down -3.80% from the previous closing price of $1.84. In other words, the price has decreased by -$3.80 from its previous closing price. On the day, 0.15 million shares were traded. IKT stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.75.
Ratios:
For a better understanding of IKT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.01 and its Current Ratio is at 11.01. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 Oct 21 ’24 when Bellini Roberto bought 1,460,000 shares for $1.37 per share. The transaction valued at 2,000,200 led to the insider holds 1,460,000 shares of the business.
Kush Arvind bought 145,000 shares of IKT for $198,650 on Oct 21 ’24. The Director now owns 145,000 shares after completing the transaction at $1.37 per share. On Oct 21 ’24, another insider, Munshi Amit, who serves as the Director of the company, bought 365,000 shares for $1.37 each. As a result, the insider paid 500,050 and bolstered with 365,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IKT now has a Market Capitalization of 131584464 and an Enterprise Value of 38479008.
Stock Price History:
The Beta on a monthly basis for IKT is 0.94, which has changed by 0.0056818724 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, IKT has reached a high of $4.20, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is -15.57%, while the 200-Day Moving Average is calculated to be -18.81%.
Shares Statistics:
Over the past 3-months, IKT traded about 134.02K shares per day on average, while over the past 10 days, IKT traded about 120570 shares per day. A total of 74.34M shares are outstanding, with a floating share count of 45.51M. Insiders hold about 38.78% of the company’s shares, while institutions hold 54.54% stake in the company. Shares short for IKT as of 1745971200 were 1454085 with a Short Ratio of 10.85, compared to 1743379200 on 1317901. Therefore, it implies a Short% of Shares Outstanding of 1454085 and a Short% of Float of 4.8499998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
