eFFECTOR Therapeutics Inc (EFTR) Stock Closes down -15.14% Monday’s

eFFECTOR Therapeutics Inc (NASDAQ: EFTR) closed the day trading at $2.13 down -15.14% from the previous closing price of $2.51. In other words, the price has decreased by -$0.3800 from its previous closing price. On the day, 1325137 shares were traded.

Ratios:

For a better understanding of EFTR, let’s 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 7.93M and an Enterprise Value of 10.10M.

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 $2.49. The 50-Day Moving Average of the stock is 11.8529, while the 200-Day Moving Average is calculated to be 14.2823.

Shares Statistics:

Over the past 3-months, EFTR traded about 339.62K shares per day on average, while over the past 10 days, EFTR traded about 1.45M shares per day. 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 0.94, 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

Current recommendations for the stock of the company come from 2 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 -$5.08 and -$5.27 for the fiscal current year, implying an average EPS of -$5.17. EPS for the following year is -$2.03, with 1 analysts recommending between -$2.03 and -$2.03.

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