After finishing at $1.50 in the prior trading day, Cocrystal Pharma Inc (NASDAQ: COCP) closed at $1.40, down -6.67%. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 82981 shares were traded.
Ratios:
Our goal is to gain a better understanding of COCP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 16.74 and its Current Ratio is at 16.74. In the meantime, Its Debt-to-Equity ratio is 0.00 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, H.C. Wainwright on July 08, 2020, initiated with a Buy rating and assigned the stock a target price of $5.
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 Apr 04 ’23 when FROST PHILLIP MD ET AL bought 1,015,229 shares for $1.97 per share. The transaction valued at 2,000,001 led to the insider holds 1,319,838 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COCP now has a Market Capitalization of 14.24M and an Enterprise Value of -15.38M.
Stock Price History:
The Beta on a monthly basis for COCP is 1.34, which has changed by -29.65% over the last 52 weeks, in comparison to a change of 27.86% over the same period for the S&P500. Over the past 52 weeks, COCP has reached a high of $3.29, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is 1.5162, while the 200-Day Moving Average is calculated to be 1.9865.
Shares Statistics:
The stock has traded on average 12.10K shares per day over the past 3-months and 18.58k shares per day over the last 10 days, according to various share statistics. A total of 8.14M shares are outstanding, with a floating share count of 7.12M. Insiders hold about 30.03% of the company’s shares, while institutions hold 6.72% stake in the company. Shares short for COCP as of Mar 15, 2024 were 3.71k with a Short Ratio of 0.31, compared to 3.05k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.04% and a Short% of Float of 0.05%.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.6 for the current quarter, with a high estimate of -$0.55 and a low estimate of -$0.66, while EPS last year was -$0.55. The consensus estimate for the next quarter is -$0.65, with high estimates of -$0.57 and low estimates of -$0.74.
Analysts are recommending an EPS of between -$2.01 and -$2.26 for the fiscal current year, implying an average EPS of -$2.09. EPS for the following year is -$2.54, with 3 analysts recommending between -$2.05 and -$3.24.
