In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of SELLAS Life Sciences Group Inc (NASDAQ: SLS) closed at $1.14 in the last session, down -0.87% from day before closing price of $1.15. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 1.46 million shares were traded. SLS stock price reached its highest trading level at $1.19 during the session, while it also had its lowest trading level at $1.11.
Ratios:
We take a closer look at SLS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.26 and its Current Ratio is at 2.26. In the meantime, Its Debt-to-Equity ratio is 0.04 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, Cantor Fitzgerald on July 21, 2021, initiated with a Overweight rating and assigned the stock a target price of $18.
On April 02, 2018, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $11.H.C. Wainwright initiated its Buy rating on April 02, 2018, with a $11 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLS now has a Market Capitalization of 80235480 and an Enterprise Value of 73247272.
Stock Price History:
The Beta on a monthly basis for SLS is 2.39, which has changed by 1.2352941 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, SLS has reached a high of $1.72, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is 5.98%, while the 200-Day Moving Average is calculated to be -7.10%.
Shares Statistics:
According to the various share statistics, SLS traded on average about 1.28M shares per day over the past 3-months and 1715780 shares per day over the past 10 days. A total of 70.38M shares are outstanding, with a floating share count of 68.75M. Insiders hold about 2.32% of the company’s shares, while institutions hold 7.65% stake in the company. Shares short for SLS as of 1730332800 were 8610940 with a Short Ratio of 6.23, compared to 1727654400 on 8176719. Therefore, it implies a Short% of Shares Outstanding of 8610940 and a Short% of Float of 13.41.
