In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Avenue Therapeutics Inc (NASDAQ: ATXI) closed at $4.20 down -6.87% from its previous closing price of $4.51. In other words, the price has decreased by -$6.87 from its previous closing price. On the day, 1.08 million shares were traded. ATXI stock price reached its highest trading level at $5.97 during the session, while it also had its lowest trading level at $4.043.
Ratios:
For a deeper understanding of Avenue Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 11 ’23 when Davidow Robert L sold 353,000 shares for $0.14 per share. The transaction valued at 49,600 led to the insider holds 22,000 shares of the business.
Davidow Robert L sold 264,000 shares of ATXI for $36,960 on Dec 11 ’23. The 10% Owner now owns 681,000 shares after completing the transaction at $0.14 per share. On Sep 08 ’23, another insider, Fortress Biotech, Inc., who serves as the 10% Owner of the company, bought 418,410 shares for $0.72 each. As a result, the insider paid 301,255 and bolstered with 1,032,390 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, ATXI now has a Market Capitalization of 2501200 and an Enterprise Value of -232407. As of this moment, Avenue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.86.
Stock Price History:
Over the past 52 weeks, ATXI has reached a high of $93.75, while it has fallen to a 52-week low of $4.38. The 50-Day Moving Average of the stock is -59.41%, while the 200-Day Moving Average is calculated to be -85.39%.
Shares Statistics:
For the past three months, ATXI has traded an average of 37.98K shares per day and 136669 over the past ten days. A total of 0.60M shares are outstanding, with a floating share count of 0.53M. Insiders hold about 11.85% of the company’s shares, while institutions hold 2.75% stake in the company. Shares short for ATXI as of 1713139200 were 2580 with a Short Ratio of 0.07, compared to 1710460800 on 4178. Therefore, it implies a Short% of Shares Outstanding of 2580 and a Short% of Float of 0.44.
