Market Insight: Coeptis Therapeutics Holdings Inc (COEP)’s Notable Drop, Closing at 0.24

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In the latest session, Coeptis Therapeutics Holdings Inc (NASDAQ: COEP) closed at $0.24 down -1.91% from its previous closing price of $0.25. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 1.25 million shares were traded. COEP stock price reached its highest trading level at $0.264 during the session, while it also had its lowest trading level at $0.235.

Ratios:

For a deeper understanding of Coeptis Therapeutics Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.05.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 12 ’24 when DeSilva Tara bought 2,266 shares for $0.58 per share. The transaction valued at 1,305 led to the insider holds 32,266 shares of the business.

Cogley Brian bought 5,000 shares of COEP for $3,350 on Jan 10 ’24. The Chief Financial Officer now owns 30,000 shares after completing the transaction at $0.67 per share. On Jan 08 ’24, another insider, Mehalick David, who serves as the CEO and President of the company, bought 20,004 shares for $0.66 each. As a result, the insider paid 13,263 and bolstered with 2,782,615 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, COEP now has a Market Capitalization of 9296903 and an Enterprise Value of 10529570.

Stock Price History:

Over the past 52 weeks, COEP has reached a high of $1.38, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -16.37%, while the 200-Day Moving Average is calculated to be -58.90%.

Shares Statistics:

For the past three months, COEP has traded an average of 468.43K shares per day and 223230 over the past ten days. A total of 35.33M shares are outstanding, with a floating share count of 27.62M. Insiders hold about 25.59% of the company’s shares, while institutions hold 12.75% stake in the company. Shares short for COEP as of 1721001600 were 114081 with a Short Ratio of 0.24, compared to 1718323200 on 314655. Therefore, it implies a Short% of Shares Outstanding of 114081 and a Short% of Float of 0.36000002.

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