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.
As of close of business last night, Inhibikase Therapeutics Inc’s stock clocked out at $3.10, down -3.43% from its previous closing price of $3.21. In other words, the price has decreased by -$3.43 from its previous closing price. On the day, 0.1 million shares were traded. IKT stock price reached its highest trading level at $3.345 during the session, while it also had its lowest trading level at $3.06.
Ratios:
To gain a deeper understanding of IKT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.74.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 21 ’24 when Bellini Roberto bought 1,460,000 shares for $1.37 per share. The transaction valued at 2,000,200 led to the insider holds 1,460,000 shares of the business.
Kush Arvind bought 145,000 shares of IKT for $198,650 on Oct 21 ’24. The Director now owns 145,000 shares after completing the transaction at $1.37 per share. On Oct 21 ’24, another insider, Munshi Amit, who serves as the Director of the company, bought 365,000 shares for $1.37 each. As a result, the insider paid 500,050 and bolstered with 365,000 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, IKT now has a Market Capitalization of 208297056 and an Enterprise Value of 10030277. Its current Enterprise Value per Revenue stands at 126.056 whereas that against EBITDA is -0.528.
Stock Price History:
The Beta on a monthly basis for IKT is 1.11, which has changed by 1.2463768 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, IKT has reached a high of $4.20, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 8.48%, while the 200-Day Moving Average is calculated to be 63.63%.
Shares Statistics:
It appears that IKT traded 662.75K shares on average per day over the past three months and 142630 shares per day over the past ten days. A total of 67.19M shares are outstanding, with a floating share count of 51.26M. Insiders hold about 23.72% of the company’s shares, while institutions hold 45.27% stake in the company. Shares short for IKT as of 1730332800 were 187953 with a Short Ratio of 1.01, compared to 1727654400 on 44110. Therefore, it implies a Short% of Shares Outstanding of 187953 and a Short% of Float of 0.29.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
