Closing Strong: Aadi Bioscience Inc (AADI) Ends at 1.46, Down -10.43 from Last Close

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After finishing at $1.63 in the prior trading day, Aadi Bioscience Inc (NASDAQ: AADI) closed at $1.46, down -10.43%. In other words, the price has decreased by -$10.43 from its previous closing price. On the day, 2.4 million shares were traded. AADI stock price reached its highest trading level at $1.66 during the session, while it also had its lowest trading level at $1.46.

Ratios:

Our goal is to gain a better understanding of AADI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.86 and its Current Ratio is at 5.16. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.01.

On January 11, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $45.

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 Jun 04 ’24 when Desai Neil sold 20,225 shares for $1.77 per share. The transaction valued at 35,746 led to the insider holds 1,291,543 shares of the business.

Desai Neil sold 19,775 shares of AADI for $35,765 on Jun 03 ’24. The EXECUTIVE CHAIRMAN now owns 1,311,768 shares after completing the transaction at $1.81 per share. On May 01 ’24, another insider, Desai Neil, who serves as the EXECUTIVE CHAIRMAN of the company, sold 40,000 shares for $1.93 each. As a result, the insider received 77,184 and left with 1,331,543 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, AADI now has a Market Capitalization of 35849132 and an Enterprise Value of -51258860. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at -2.15 whereas that against EBITDA is 0.689.

Stock Price History:

Over the past 52 weeks, AADI has reached a high of $7.46, while it has fallen to a 52-week low of $1.54. The 50-Day Moving Average of the stock is -19.26%, while the 200-Day Moving Average is calculated to be -48.96%.

Shares Statistics:

The stock has traded on average 190.50K shares per day over the past 3-months and 433360 shares per day over the last 10 days, according to various share statistics. A total of 24.55M shares are outstanding, with a floating share count of 17.44M. Insiders hold about 28.99% of the company’s shares, while institutions hold 43.01% stake in the company. Shares short for AADI as of 1718323200 were 914377 with a Short Ratio of 4.80, compared to 1715731200 on 963945. Therefore, it implies a Short% of Shares Outstanding of 914377 and a Short% of Float of 5.510000000000001.

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