Market Momentum: Redhill Biopharma Ltd. ADR (RDHL) Registers a -3.04 Decrease, Closing at 2.07

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

Redhill Biopharma Ltd. ADR (NASDAQ: RDHL) closed the day trading at $2.07 down -3.04% from the previous closing price of $2.13. In other words, the price has decreased by -$3.04 from its previous closing price. On the day, 6.25 million shares were traded. RDHL stock price reached its highest trading level at $2.15 during the session, while it also had its lowest trading level at $1.72.

Ratios:

For a better understanding of RDHL, let’s look at its different ratios.

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, Cantor Fitzgerald on August 31, 2021, initiated with a Overweight rating and assigned the stock a target price of $22.

On May 18, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $23.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDHL now has a Market Capitalization of 3662078 and an Enterprise Value of 26698387456. Its current Enterprise Value per Revenue stands at 3319.456 whereas that against EBITDA is -2196.314.

Stock Price History:

The Beta on a monthly basis for RDHL is 4.30, which has changed by -0.8033254 over the last 52 weeks, in comparison to a change of 0.05279863 over the same period for the S&P500. Over the past 52 weeks, RDHL has reached a high of $20.27, while it has fallen to a 52-week low of $1.80. The 50-Day Moving Average of the stock is -40.24%, while the 200-Day Moving Average is calculated to be -70.98%.

Shares Statistics:

Over the past 3-months, RDHL traded about 94.19K shares per day on average, while over the past 10 days, RDHL traded about 668120 shares per day. A total of 1.27M shares are outstanding, with a floating share count of 1.27M. Insiders hold about 0.50% of the company’s shares, while institutions hold 6.49% stake in the company. Shares short for RDHL as of 1743379200 were 29973 with a Short Ratio of 0.32, compared to 1740700800 on 33975.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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.

Most Popular