Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Titan Pharmaceuticals, Inc. (de)’s stock clocked out at $4.02, down -8.22% from its previous closing price of $4.38. In other words, the price has decreased by -$8.22 from its previous closing price. On the day, 0.54 million shares were traded. TTNP stock price reached its highest trading level at $4.32 during the session, while it also had its lowest trading level at $3.7.
Ratios:
To gain a deeper understanding of TTNP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.73 and its Current Ratio is at 7.73. 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, Maxim Group on June 26, 2019, initiated with a Buy rating and assigned the stock a target price of $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTNP now has a Market Capitalization of 5347524 and an Enterprise Value of 1731220.
Stock Price History:
The Beta on a monthly basis for TTNP is 1.31, which has changed by -0.31046313 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, TTNP has reached a high of $14.80, while it has fallen to a 52-week low of $3.03. The 50-Day Moving Average of the stock is -10.68%, while the 200-Day Moving Average is calculated to be 0.79%.
Shares Statistics:
It appears that TTNP traded 39.76K shares on average per day over the past three months and 76700 shares per day over the past ten days. A total of 1.33M shares are outstanding, with a floating share count of 0.95M. Insiders hold about 28.78% of the company’s shares, while institutions hold 1.11% stake in the company. Shares short for TTNP as of 1752537600 were 8576 with a Short Ratio of 0.22, compared to 1749772800 on 12031. Therefore, it implies a Short% of Shares Outstanding of 8576 and a Short% of Float of 0.88.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
