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After finishing at $1.39 in the prior trading day, Allarity Therapeutics Inc (NASDAQ: ALLR) closed at $1.42, up 2.16%. In other words, the price has increased by $2.16 from its previous closing price. On the day, 0.7 million shares were traded. ALLR stock price reached its highest trading level at $1.56 during the session, while it also had its lowest trading level at $1.27.
Ratios:
Our goal is to gain a better understanding of ALLR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.14 and its Current Ratio is at 0.14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLR now has a Market Capitalization of 2763362 and an Enterprise Value of 3249433.
Stock Price History:
The Beta on a monthly basis for ALLR is 0.58, which has changed by -0.9961389 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, ALLR has reached a high of $535.20, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is -77.49%, while the 200-Day Moving Average is calculated to be -92.29%.
Shares Statistics:
The stock has traded on average 484.23K shares per day over the past 3-months and 2966499 shares per day over the last 10 days, according to various share statistics. A total of 0.47M shares are outstanding, with a floating share count of 0.42M. Insiders hold about 10.59% of the company’s shares, while institutions hold 0.62% stake in the company. Shares short for ALLR as of 1711584000 were 25225 with a Short Ratio of 0.05, compared to 1709164800 on 32635. Therefore, it implies a Short% of Shares Outstanding of 25225 and a Short% of Float of 5.35.
Earnings Estimates
A comprehensive evaluation of Allarity Therapeutics Inc (ALLR) is underway, with the input of Allstate Corporation (The) analysts contributing to its current rating.The consensus estimate for the next quarter is $39.74, with high estimates of $125.42 and low estimates of $24.73.
