Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, CASI Pharmaceuticals Inc’s stock clocked out at $1.25, up 2.87% from its previous closing price of $1.22. In other words, the price has increased by $2.87 from its previous closing price. On the day, 0.75 million shares were traded. CASI stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.22.
Ratios:
To gain a deeper understanding of CASI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.81.
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, BTIG Research on May 18, 2021, initiated with a Buy rating and assigned the stock a target price of $4.
On April 26, 2021, Mizuho started tracking the stock assigning a Buy rating and target price of $3.80.
On October 23, 2020, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $5.Oppenheimer initiated its Outperform rating on October 23, 2020, with a $5 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CASI now has a Market Capitalization of 20080878 and an Enterprise Value of 25236314. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62. Its current Enterprise Value per Revenue stands at 0.805 whereas that against EBITDA is -0.66.
Stock Price History:
The Beta on a monthly basis for CASI is 0.60, which has changed by -0.8076923 over the last 52 weeks, in comparison to a change of 0.16260707 over the same period for the S&P500. Over the past 52 weeks, CASI has reached a high of $7.67, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is -21.46%, while the 200-Day Moving Average is calculated to be -56.60%.
Shares Statistics:
It appears that CASI traded 107.67K shares on average per day over the past three months and 95140 shares per day over the past ten days. A total of 15.49M shares are outstanding, with a floating share count of 3.92M. Insiders hold about 74.71% of the company’s shares, while institutions hold 2.76% stake in the company. Shares short for CASI as of 1751241600 were 30269 with a Short Ratio of 0.28, compared to 1748563200 on 20395. Therefore, it implies a Short% of Shares Outstanding of 30269 and a Short% of Float of 0.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
