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The price of Inhibikase Therapeutics Inc (NASDAQ: IKT) closed at $2.88 in the last session, up 3.60% from day before closing price of $2.78. In other words, the price has increased by $3.60 from its previous closing price. On the day, 1.57 million shares were traded. IKT stock price reached its highest trading level at $3.69 during the session, while it also had its lowest trading level at $2.85.
Ratios:
We take a closer look at IKT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.32 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 21 ’24 when Bellini Roberto bought 1,460,000 shares for $1.37 per share. The transaction valued at 2,000,200 led to the insider holds 1,460,000 shares of the business.
Kush Arvind bought 145,000 shares of IKT for $198,650 on Oct 21 ’24. The Director now owns 145,000 shares after completing the transaction at $1.37 per share. On Oct 21 ’24, another insider, Munshi Amit, who serves as the Director of the company, bought 365,000 shares for $1.37 each. As a result, the insider paid 500,050 and bolstered with 365,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IKT now has a Market Capitalization of 189429408 and an Enterprise Value of 13911594. For the stock, the TTM Price-to-Sale (P/S) ratio is 2505.89 while its Price-to-Book (P/B) ratio in mrq is 4.08. Its current Enterprise Value per Revenue stands at 174.835 whereas that against EBITDA is -0.733.
Stock Price History:
Over the past 52 weeks, IKT has reached a high of $3.82, while it has fallen to a 52-week low of $0.80. The 50-Day Moving Average of the stock is 67.62%, while the 200-Day Moving Average is calculated to be 60.05%.
Shares Statistics:
According to the various share statistics, IKT traded on average about 425.49K shares per day over the past 3-months and 358400 shares per day over the past 10 days. A total of 67.19M shares are outstanding, with a floating share count of 51.26M. Insiders hold about 23.72% of the company’s shares, while institutions hold 45.24% stake in the company. Shares short for IKT as of 1728950400 were 227278 with a Short Ratio of 0.53, compared to 1726185600 on 39655. Therefore, it implies a Short% of Shares Outstanding of 227278 and a Short% of Float of 3.4299999999999997.
