Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $11.99 in the prior trading day, Eton Pharmaceuticals Inc (NASDAQ: ETON) closed at $12.01, up 0.17%. In other words, the price has increased by $0.17 from its previous closing price. On the day, 0.32 million shares were traded. ETON stock price reached its highest trading level at $12.24 during the session, while it also had its lowest trading level at $11.612.
Ratios:
Our goal is to gain a better understanding of ETON by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 151.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on January 06, 2025, Reiterated its Buy rating but revised its target price to $17 from $15 previously.
On May 06, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $8.Craig Hallum initiated its Buy rating on May 06, 2024, with a $8 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 23 ’24 when Opaleye Management Inc. bought 10,000 shares for $7.98 per share. The transaction valued at 79,814 led to the insider holds 2,770,000 shares of the business.
Opaleye Management Inc. bought 33,970 shares of ETON for $238,782 on Oct 08 ’24. The 10% Owner now owns 2,760,000 shares after completing the transaction at $7.03 per share. On Oct 04 ’24, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 16,852 shares for $6.77 each. As a result, the insider paid 114,105 and bolstered with 2,720,000 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, ETON now has a Market Capitalization of 312878528 and an Enterprise Value of 261046768. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.22 while its Price-to-Book (P/B) ratio in mrq is 19.42. Its current Enterprise Value per Revenue stands at 8.319 whereas that against EBITDA is -49.124.
Stock Price History:
Over the past 52 weeks, ETON has reached a high of $15.00, while it has fallen to a 52-week low of $3.03. The 50-Day Moving Average of the stock is 6.17%, while the 200-Day Moving Average is calculated to be 97.10%.
Shares Statistics:
The stock has traded on average 224.45K shares per day over the past 3-months and 250850 shares per day over the last 10 days, according to various share statistics. A total of 25.84M shares are outstanding, with a floating share count of 25.22M. Insiders hold about 5.31% of the company’s shares, while institutions hold 39.15% stake in the company. Shares short for ETON as of 1730332800 were 191937 with a Short Ratio of 1.24, compared to 1727654400 on 126337. Therefore, it implies a Short% of Shares Outstanding of 191937 and a Short% of Float of 0.7799999999999999.
