For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $1.06 in the prior trading day, Palisade Bio Inc (NASDAQ: PALI) closed at $1.02, down -3.77%. In other words, the price has decreased by -$3.77 from its previous closing price. On the day, 2.37 million shares were traded. PALI stock price reached its highest trading level at $1.09 during the session, while it also had its lowest trading level at $0.9546.
Ratios:
Our goal is to gain a better understanding of PALI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.81 and its Current Ratio is at 2.81. 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, PALI now has a Market Capitalization of 5095563 and an Enterprise Value of -2290441.
Stock Price History:
The Beta on a monthly basis for PALI is 1.38, which has changed by -0.7220708 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, PALI has reached a high of $4.32, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 30.16%, while the 200-Day Moving Average is calculated to be -25.99%.
Shares Statistics:
The stock has traded on average 615.97K shares per day over the past 3-months and 2191750 shares per day over the last 10 days, according to various share statistics. A total of 4.80M shares are outstanding, with a floating share count of 4.76M. Insiders hold about 0.81% of the company’s shares, while institutions hold 5.43% stake in the company. Shares short for PALI as of 1752537600 were 813858 with a Short Ratio of 1.32, compared to 1749772800 on 1116795. Therefore, it implies a Short% of Shares Outstanding of 813858 and a Short% of Float of 17.05.
