In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Bolt Biotherapeutics Inc (NASDAQ: BOLT) was $0.31 for the day, up 4.18% from the previous closing price of $0.30. In other words, the price has increased by $4.18 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
Our analysis of BOLT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.13 and its Current Ratio is at 3.13. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.48.
On March 02, 2021, SVB Leerink started tracking the stock assigning a Outperform rating and target price of $36.
On March 02, 2021, Stifel started tracking the stock assigning a Buy rating and target price of $40.Stifel initiated its Buy rating on March 02, 2021, with a $40 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 06 ’24 when Nemec Sarah bought 2,500 shares for $0.64 per share. The transaction valued at 1,594 led to the insider holds 13,863 shares of the business.
Nemec Sarah bought 2,500 shares of BOLT for $1,241 on Dec 16 ’24. The Senior VP, Finance and PAO now owns 16,633 shares after completing the transaction at $0.50 per share. On Jun 06 ’24, another insider, Quinn William P., who serves as the President, CEO and CFO of the company, bought 2,500 shares for $0.64 each. As a result, the insider paid 1,594 and bolstered with 38,772 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.31 while its Price-to-Book (P/B) ratio in mrq is 0.26.
Stock Price History:
Over the past 52 weeks, BOLT has reached a high of $0.80, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -13.16%, while the 200-Day Moving Average is calculated to be -39.99%.
Shares Statistics:
A total of 38.34M shares are outstanding, with a floating share count of 25.23M. Insiders hold about 34.20% of the company’s shares, while institutions hold 19.09% stake in the company.
