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The price of Eledon Pharmaceuticals Inc (NASDAQ: ELDN) closed at $3.25 in the last session, down -3.85% from day before closing price of $3.38. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 1.27 million shares were traded. ELDN stock price reached its highest trading level at $3.47 during the session, while it also had its lowest trading level at $3.24.
Ratios:
We take a closer look at ELDN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 13.91 and its Current Ratio is at 13.91. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On January 28, 2025, Guggenheim started tracking the stock assigning a Buy rating and target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELDN now has a Market Capitalization of 194615856 and an Enterprise Value of 70614768.
Stock Price History:
The Beta on a monthly basis for ELDN is -0.12, which has changed by 0.2357415 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, ELDN has reached a high of $5.54, while it has fallen to a 52-week low of $2.38. The 50-Day Moving Average of the stock is 2.55%, while the 200-Day Moving Average is calculated to be -12.35%.
Shares Statistics:
According to the various share statistics, ELDN traded on average about 505.37K shares per day over the past 3-months and 876110 shares per day over the past 10 days. A total of 59.88M shares are outstanding, with a floating share count of 55.34M. Insiders hold about 7.58% of the company’s shares, while institutions hold 60.08% stake in the company. Shares short for ELDN as of 1752537600 were 3105017 with a Short Ratio of 6.14, compared to 1749772800 on 1329307. Therefore, it implies a Short% of Shares Outstanding of 3105017 and a Short% of Float of 5.8000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
