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The closing price of Palisade Bio Inc (NASDAQ: PALI) was $3.75 for the day, down -12.08% from the previous closing price of $4.26. In other words, the price has decreased by -$12.08 from its previous closing price. On the day, 1.66 million shares were traded. PALI stock price reached its highest trading level at $4.65 during the session, while it also had its lowest trading level at $3.66.
Ratios:
Our analysis of PALI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.84 and its Current Ratio is at 4.84. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 28 ’24 when Williams Donald Allen bought 1,000 shares for $4.86 per share. The transaction valued at 4,863 led to the insider holds 1,000 shares of the business.
Finley John David bought 1,000 shares of PALI for $4,810 on May 24 ’24. The CEO, CFO, Director now owns 8,437 shares after completing the transaction at $4.81 per share. On Feb 06 ’24, another insider, Finley John David, who serves as the CEO, CFO, Director of the company, bought 10,000 shares for $0.47 each. As a result, the insider paid 4,692 and bolstered with 84,649 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, PALI now has a Market Capitalization of 3511507 and an Enterprise Value of -7575142.
Stock Price History:
Over the past 52 weeks, PALI has reached a high of $35.40, while it has fallen to a 52-week low of $3.82. The 50-Day Moving Average of the stock is -20.16%, while the 200-Day Moving Average is calculated to be -44.57%.
Shares Statistics:
PALI traded an average of 255.70K shares per day over the past three months and 230460 shares per day over the past ten days. A total of 0.94M shares are outstanding, with a floating share count of 0.91M. Insiders hold about 2.30% of the company’s shares, while institutions hold 6.62% stake in the company. Shares short for PALI as of 1721001600 were 54577 with a Short Ratio of 0.21, compared to 1718323200 on 27119. Therefore, it implies a Short% of Shares Outstanding of 54577 and a Short% of Float of 5.89.
Earnings Estimates
The company has 2.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$2.93 for the current quarter, with a high estimate of -$2.75 and a low estimate of -$3.11, while EPS last year was -$7.95. The consensus estimate for the next quarter is -$2.48, with high estimates of -$2.26 and low estimates of -$2.7.
Analysts are recommending an EPS of between -$10.81 and -$12.5 for the fiscal current year, implying an average EPS of -$11.65. EPS for the following year is -$8.81, with 2.0 analysts recommending between -$3.54 and -$14.08.
