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.
The price of Iterum Therapeutics Plc (NASDAQ: ITRM) closed at $1.65 in the last session, down -8.33% from day before closing price of $1.80. In other words, the price has decreased by -$8.33 from its previous closing price. On the day, 0.9 million shares were traded. ITRM stock price reached its highest trading level at $1.85 during the session, while it also had its lowest trading level at $1.625.
Ratios:
We take a closer look at ITRM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.85.
On March 15, 2021, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $2.50.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on June 02, 2020, whereas the target price for the stock was revised from $7 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ITRM now has a Market Capitalization of 45401236 and an Enterprise Value of 40783152.
Stock Price History:
The Beta on a monthly basis for ITRM is 2.28, which has changed by -0.11290324 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, ITRM has reached a high of $3.02, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -7.73%, while the 200-Day Moving Average is calculated to be 16.32%.
Shares Statistics:
According to the various share statistics, ITRM traded on average about 2.96M shares per day over the past 3-months and 710510 shares per day over the past 10 days. A total of 27.52M shares are outstanding, with a floating share count of 26.76M. Insiders hold about 2.75% of the company’s shares, while institutions hold 6.16% stake in the company. Shares short for ITRM as of 1730332800 were 2531938 with a Short Ratio of 0.60, compared to 1727654400 on 215246. Therefore, it implies a Short% of Shares Outstanding of 2531938 and a Short% of Float of 11.53.
