For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Equillium Inc (NASDAQ: EQ) closed at $0.72 down -7.48% from its previous closing price of $0.77. In other words, the price has decreased by -$7.48 from its previous closing price. On the day, 0.58 million shares were traded. EQ stock price reached its highest trading level at $0.844 during the session, while it also had its lowest trading level at $0.6491.
Ratios:
For a deeper understanding of Equillium Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.04 and its Current Ratio is at 3.04. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On September 15, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $14.
H.C. Wainwright reiterated its Buy rating for the stock on July 14, 2020, while the target price for the stock was revised from $14 to $24.
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 Nov 14 ’24 when Keyes Jason A sold 10,000 shares for $0.70 per share. The transaction valued at 7,000 led to the insider holds 47,720 shares of the business.
THE KEYES TRUST U/A DTD 09/10/ bought 20,000 shares of EQ for $15,608 on Nov 14 ’24. On Oct 28 ’24, another insider, Zedelmayer Christine, who serves as the Officer of the company, bought 15,000 shares for $1.25 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EQ now has a Market Capitalization of 25382626 and an Enterprise Value of -8452634. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at -0.198 whereas that against EBITDA is 0.882.
Stock Price History:
Over the past 52 weeks, EQ has reached a high of $3.25, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is -5.79%, while the 200-Day Moving Average is calculated to be -31.44%.
Shares Statistics:
For the past three months, EQ has traded an average of 182.81K shares per day and 128280 over the past ten days. A total of 35.42M shares are outstanding, with a floating share count of 17.43M. Insiders hold about 50.81% of the company’s shares, while institutions hold 5.32% stake in the company. Shares short for EQ as of 1730332800 were 117561 with a Short Ratio of 0.43, compared to 1727654400 on 190494. Therefore, it implies a Short% of Shares Outstanding of 117561 and a Short% of Float of 0.54.
