Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.98 in the prior trading day, Allarity Therapeutics Inc (NASDAQ: ALLR) closed at $0.98, down -0.19%. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 0.67 million shares were traded. ALLR stock price reached its highest trading level at $0.99 during the session, while it also had its lowest trading level at $0.94.
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 2.75 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 4336494 and an Enterprise Value of -12789509.
Stock Price History:
The Beta on a monthly basis for ALLR is 0.26, which has changed by -0.99602437 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, ALLR has reached a high of $264.00, while it has fallen to a 52-week low of $0.90. The 50-Day Moving Average of the stock is -10.12%, while the 200-Day Moving Average is calculated to be -83.67%.
Shares Statistics:
The stock has traded on average 1.84M shares per day over the past 3-months and 1909290 shares per day over the last 10 days, according to various share statistics. A total of 4.43M shares are outstanding, with a floating share count of 3.39M. Insiders hold about 23.57% of the company’s shares, while institutions hold 2.36% stake in the company. Shares short for ALLR as of 1738281600 were 489059 with a Short Ratio of 0.27, compared to 1735603200 on 269668. Therefore, it implies a Short% of Shares Outstanding of 489059 and a Short% of Float of 11.03.
