Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.82 in the prior trading day, Iterum Therapeutics Plc (NASDAQ: ITRM) closed at $0.8, down -2.73%. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 0.87 million shares were traded. ITRM stock price reached its highest trading level at $0.8399 during the session, while it also had its lowest trading level at $0.8014.
Ratios:
Our goal is to gain a better understanding of ITRM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.58 and its Current Ratio is at 3.72.
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 32100000 and an Enterprise Value of 51493000.
Stock Price History:
The Beta on a monthly basis for ITRM is 2.85, which has changed by -0.3194915 over the last 52 weeks, in comparison to a change of 0.16932249 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 -17.07%, while the 200-Day Moving Average is calculated to be -39.86%.
Shares Statistics:
The stock has traded on average 632.35K shares per day over the past 3-months and 869410 shares per day over the last 10 days, according to various share statistics. A total of 42.13M shares are outstanding, with a floating share count of 41.21M. Insiders hold about 2.19% of the company’s shares, while institutions hold 1.79% stake in the company. Shares short for ITRM as of 1752537600 were 1839526 with a Short Ratio of 2.91, compared to 1749772800 on 1167840. Therefore, it implies a Short% of Shares Outstanding of 1839526 and a Short% of Float of 4.6899999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0