For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Artelo Biosciences Inc’s stock clocked out at $21.6, up 35.85% from its previous closing price of $15.9. In other words, the price has increased by $35.85 from its previous closing price. On the day, 1.08 million shares were traded. ARTL stock price reached its highest trading level at $22.4 during the session, while it also had its lowest trading level at $16.64.
Ratios:
To gain a deeper understanding of ARTL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.09.
On February 12, 2021, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARTL now has a Market Capitalization of 11808007 and an Enterprise Value of 6605553.
Stock Price History:
The Beta on a monthly basis for ARTL is 1.36, which has changed by 1.8346457 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, ARTL has reached a high of $25.58, while it has fallen to a 52-week low of $4.92. The 50-Day Moving Average of the stock is 198.23%, while the 200-Day Moving Average is calculated to be 220.52%.
Shares Statistics:
It appears that ARTL traded 661.67K shares on average per day over the past three months and 3703970 shares per day over the past ten days. A total of 0.68M shares are outstanding, with a floating share count of 0.68M. Insiders hold about 0.83% of the company’s shares, while institutions hold 2.11% stake in the company. Shares short for ARTL as of 1749772800 were 11794 with a Short Ratio of 0.05, compared to 1747267200 on 57251. Therefore, it implies a Short% of Shares Outstanding of 11794 and a Short% of Float of 2.18.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
