Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Salarius Pharmaceuticals Inc (NASDAQ: SLRX) closed the day trading at $0.60 down -26.34% from the previous closing price of $0.81. In other words, the price has decreased by -$26.34 from its previous closing price. On the day, 1.01 million shares were traded. SLRX stock price reached its highest trading level at $0.76 during the session, while it also had its lowest trading level at $0.4564.
Ratios:
For a better understanding of SLRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Ladenburg Thalmann on April 27, 2020, initiated with a Buy rating and assigned the stock a target price of $3.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLRX now has a Market Capitalization of 1033344 and an Enterprise Value of -971448.
Stock Price History:
The Beta on a monthly basis for SLRX is 0.26, which has changed by -0.84744895 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, SLRX has reached a high of $7.20, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -52.07%, while the 200-Day Moving Average is calculated to be -64.71%.
Shares Statistics:
Over the past 3-months, SLRX traded about 2.32M shares per day on average, while over the past 10 days, SLRX traded about 481810 shares per day. A total of 1.75M shares are outstanding, with a floating share count of 1.71M. Insiders hold about 2.29% of the company’s shares, while institutions hold 0.42% stake in the company. Shares short for SLRX as of 1741910400 were 40435 with a Short Ratio of 0.02, compared to 1739491200 on 10411. Therefore, it implies a Short% of Shares Outstanding of 40435 and a Short% of Float of 2.35.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
