Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Bio-Path Holdings Inc (NASDAQ: BPTH) closed the day trading at $0.82 up 0.74% from the previous closing price of $0.81. In other words, the price has increased by $0.74 from its previous closing price. On the day, 0.11 million shares were traded. BPTH stock price reached its highest trading level at $0.86 during the session, while it also had its lowest trading level at $0.79.
Ratios:
For a better understanding of BPTH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86.
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, ROTH Capital on March 11, 2021, initiated with a Buy rating and assigned the stock a target price of $13.
On November 13, 2017, H.C. Wainwright reiterated its Buy rating and also upped its target price recommendation from $4.50 to $1.50.
Maxim Group reiterated its Buy rating for the stock on August 10, 2016, while the target price for the stock was revised from $5 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BPTH now has a Market Capitalization of 3531649 and an Enterprise Value of -1877345.
Stock Price History:
The Beta on a monthly basis for BPTH is 0.08, which has changed by -0.9 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, BPTH has reached a high of $9.99, while it has fallen to a 52-week low of $0.59. The 50-Day Moving Average of the stock is -7.55%, while the 200-Day Moving Average is calculated to be -49.11%.
Shares Statistics:
Over the past 3-months, BPTH traded about 2.11M shares per day on average, while over the past 10 days, BPTH traded about 237650 shares per day. A total of 4.31M shares are outstanding, with a floating share count of 4.31M. Insiders hold about 0.04% of the company’s shares, while institutions hold 1.37% stake in the company. Shares short for BPTH as of 1730332800 were 77764 with a Short Ratio of 0.12, compared to 1727654400 on 9632. Therefore, it implies a Short% of Shares Outstanding of 77764 and a Short% of Float of 2.1.
