Analytical Overview: Allarity Therapeutics Inc (ALLR)’s Ratios Tell a Financial Story

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As of close of business last night, Allarity Therapeutics Inc’s stock clocked out at $1.06, down -4.50% from its previous closing price of $1.11. In other words, the price has decreased by -$4.50 from its previous closing price. On the day, 0.95 million shares were traded. ALLR stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $0.9881.

Ratios:

To gain a deeper understanding of ALLR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.75 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 0.10 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, ALLR now has a Market Capitalization of 4699605 and an Enterprise Value of -15916165.

Stock Price History:

Over the past 52 weeks, ALLR has reached a high of $329.40, while it has fallen to a 52-week low of $0.90. The 50-Day Moving Average of the stock is -13.19%, while the 200-Day Moving Average is calculated to be -94.98%.

Shares Statistics:

It appears that ALLR traded 571.19K shares on average per day over the past three months and 1479070 shares per day over the past ten days. A total of 4.43M shares are outstanding, with a floating share count of 3.96M. Insiders hold about 10.67% of the company’s shares, while institutions hold 0.49% stake in the company. Shares short for ALLR as of 1730332800 were 179436 with a Short Ratio of 0.67, compared to 1727654400 on 141717. Therefore, it implies a Short% of Shares Outstanding of 179436 and a Short% of Float of 12.7.

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