Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Bolt Biotherapeutics Inc (NASDAQ: BOLT) closed the day trading at $0.32 down -3.85% from the previous closing price of $0.33. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 10.37 million shares were traded.
Ratios:
For a better understanding of BOLT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.13 and its Current Ratio is at 3.13. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.48.
On March 02, 2021, SVB Leerink started tracking the stock assigning a Outperform rating and target price of $36.
On March 02, 2021, Stifel started tracking the stock assigning a Buy rating and target price of $40.Stifel initiated its Buy rating on March 02, 2021, with a $40 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 Jun 06 ’24 when Nemec Sarah bought 2,500 shares for $0.64 per share. The transaction valued at 1,594 led to the insider holds 13,863 shares of the business.
Nemec Sarah bought 2,500 shares of BOLT for $1,241 on Dec 16 ’24. The Senior VP, Finance and PAO now owns 16,633 shares after completing the transaction at $0.50 per share. On Jun 06 ’24, another insider, Quinn William P., who serves as the President, CEO and CFO of the company, bought 2,500 shares for $0.64 each. As a result, the insider paid 1,594 and bolstered with 38,772 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 0.26.
Stock Price History:
Over the past 52 weeks, BOLT has reached a high of $0.81, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is -14.55%, while the 200-Day Moving Average is calculated to be -40.53%.
Shares Statistics:
A total of 38.34M shares are outstanding, with a floating share count of 25.23M. Insiders hold about 34.20% of the company’s shares, while institutions hold 19.09% stake in the company.
