eFFECTOR Therapeutics Inc (EFTR) Records 8.7 million Shares Traded, Reaches $4.1000 High

After finishing at $16.47 in the prior trading day, eFFECTOR Therapeutics Inc (NASDAQ: EFTR) closed at $2.96, down -82.03%. In other words, the price has decreased by -$13.5100 from its previous closing price. On the day, 8695331 shares were traded. EFTR stock price reached its highest trading level at $4.1000 during the session, while it also had its lowest trading level at $2.7600.

Ratios:

Our goal is to gain a better understanding of EFTR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.77.

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 the company, Stifel on January 25, 2022, Downgraded its rating to Hold and sets its target price to $6.20 from $20 previously.

On November 09, 2021, Stifel Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $20.

On October 12, 2021, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $20.Credit Suisse initiated its Outperform rating on October 12, 2021, with a $20 target price.

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 Nov 27 ’23 when SR ONE CAPITAL MANAGEMENT, LLC sold 609,163 shares for $0.61 per share. The transaction valued at 369,457 led to the insider holds 1,821,415 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, EFTR now has a Market Capitalization of 11.06M and an Enterprise Value of 13.24M.

Stock Price History:

Over the past 52 weeks, EFTR has reached a high of $37.00, while it has fallen to a 52-week low of $8.54. The 50-Day Moving Average of the stock is 12.2887, while the 200-Day Moving Average is calculated to be 14.5580.

Shares Statistics:

The stock has traded on average 161.71K shares per day over the past 3-months and 234.52k shares per day over the last 10 days, according to various share statistics. A total of 3.69M shares are outstanding, with a floating share count of 3.02M. Insiders hold about 18.14% of the company’s shares, while institutions hold 7.56% stake in the company. Shares short for EFTR as of Mar 15, 2024 were 318.07k with a Short Ratio of 1.97, compared to 103.98k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.63% and a Short% of Float of 10.47%.

Earnings Estimates

Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of -$2.16 for the current quarter, with a high estimate of -$1.98 and a low estimate of -$2.35, while EPS last year was -$6. The consensus estimate for the next quarter is -$1.67, with high estimates of -$1.45 and low estimates of -$1.9.

Analysts are recommending an EPS of between -$3.83 and -$5.08 for the fiscal current year, implying an average EPS of -$4.45. EPS for the following year is -$2.92, with 1 analysts recommending between -$2.92 and -$2.92.

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