Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $2.10 in the prior trading day, NRX Pharmaceuticals Inc (NASDAQ: NRXP) closed at $3.06, up 45.71%. In other words, the price has increased by $45.71 from its previous closing price. On the day, 9.26 million shares were traded. NRXP stock price reached its highest trading level at $3.75 during the session, while it also had its lowest trading level at $2.32.
Ratios:
Our goal is to gain a better understanding of NRXP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.36.
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 Aug 30 ’23 when Hurvitz Chaim bought 70,000 shares for $0.29 per share. The transaction valued at 20,125 led to the insider holds 570,000 shares of the business.
Gorovitz Aaron bought 35,000 shares of NRXP for $11,196 on Aug 30 ’23. The Director now owns 105,000 shares after completing the transaction at $0.32 per share. On Aug 23 ’23, another insider, Javitt Jonathan C, who serves as the Chief Scientist of the company, bought 100,000 shares for $0.33 each. As a result, the insider paid 33,000 and bolstered with 446,332 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, NRXP now has a Market Capitalization of 32299524 and an Enterprise Value of 33473182.
Stock Price History:
Over the past 52 weeks, NRXP has reached a high of $12.00, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is -31.91%, while the 200-Day Moving Average is calculated to be -18.06%.
Shares Statistics:
The stock has traded on average 250.99K shares per day over the past 3-months and 323500 shares per day over the last 10 days, according to various share statistics. A total of 8.39M shares are outstanding, with a floating share count of 7.64M. Insiders hold about 20.20% of the company’s shares, while institutions hold 4.20% stake in the company. Shares short for NRXP as of 1713139200 were 510829 with a Short Ratio of 2.04, compared to 1710460800 on 371443. Therefore, it implies a Short% of Shares Outstanding of 510829 and a Short% of Float of 7.57.
