Daily Progress: Klotho Neurosciences Inc (KLTO) Drop -11.75, Closing at 0.20

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Klotho Neurosciences Inc (NASDAQ: KLTO) closed at $0.20 down -11.75% from its previous closing price of $0.23. In other words, the price has decreased by -$11.75 from its previous closing price. On the day, 0.53 million shares were traded. KLTO stock price reached its highest trading level at $0.2484 during the session, while it also had its lowest trading level at $0.2.

Ratios:

For a deeper understanding of Klotho Neurosciences Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 02 ’24 when CHARDAN CAPITAL MARKETS LLC sold 180,000 shares for $2.05 per share. The transaction valued at 368,442 led to the insider holds 1,284,364 shares of the business.

CHARDAN CAPITAL MARKETS LLC sold 115,136 shares of KLTO for $237,618 on Jul 01 ’24. The 10% Owner now owns 1,464,364 shares after completing the transaction at $2.06 per share. On Jun 28 ’24, another insider, CHARDAN CAPITAL MARKETS LLC, who serves as the 10% Owner of the company, sold 47,000 shares for $2.53 each. As a result, the insider received 119,103 and left with 1,579,500 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, KLTO now has a Market Capitalization of 5473049 and an Enterprise Value of 4786554.

Stock Price History:

The Beta on a monthly basis for KLTO is -0.03, which has changed by -0.9807802 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, KLTO has reached a high of $13.10, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -38.77%, while the 200-Day Moving Average is calculated to be -75.60%.

Shares Statistics:

For the past three months, KLTO has traded an average of 731.53K shares per day and 146310 over the past ten days. A total of 27.08M shares are outstanding, with a floating share count of 23.07M. Insiders hold about 17.63% of the company’s shares, while institutions hold 3.59% stake in the company. Shares short for KLTO as of 1741910400 were 28184 with a Short Ratio of 0.04, compared to 1739491200 on 34582.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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