Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Aadi Bioscience Inc (NASDAQ: AADI) closed at $3.00 in the last session, up 4.90% from day before closing price of $2.86. In other words, the price has increased by $4.90 from its previous closing price. On the day, 0.25 million shares were traded. AADI stock price reached its highest trading level at $3.04 during the session, while it also had its lowest trading level at $2.7519.
Ratios:
We take a closer look at AADI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.54 and its Current Ratio is at 4.89. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Piper Sandler on August 27, 2024, Downgraded its rating to Neutral and sets its target price to $1.75 from $5 previously.
Jefferies Downgraded its Buy to Hold on August 21, 2024, whereas the target price for the stock was revised from $11 to $1.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 03 ’24 when Lennon David James sold 9,689 shares for $1.94 per share. The transaction valued at 18,797 led to the insider holds 22,869 shares of the business.
Lennon David James bought 9,689 shares of AADI for $18,797 on Oct 03 ’24. On Sep 03 ’24, another insider, Desai Neil, who serves as the EXECUTIVE CHAIRMAN of the company, sold 40,000 shares for $1.71 each. As a result, the insider received 68,316 and left with 1,171,543 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AADI now has a Market Capitalization of 74042096 and an Enterprise Value of 21881658. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.90 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 0.873 whereas that against EBITDA is -0.345.
Stock Price History:
Over the past 52 weeks, AADI has reached a high of $3.60, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is 33.17%, while the 200-Day Moving Average is calculated to be 57.54%.
Shares Statistics:
According to the various share statistics, AADI traded on average about 287.25K shares per day over the past 3-months and 1235880 shares per day over the past 10 days. A total of 24.61M shares are outstanding, with a floating share count of 20.12M. Insiders hold about 18.48% of the company’s shares, while institutions hold 48.61% stake in the company. Shares short for AADI as of 1732838400 were 224039 with a Short Ratio of 0.78, compared to 1730332800 on 281116. Therefore, it implies a Short% of Shares Outstanding of 224039 and a Short% of Float of 1.34000005.
