Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Iterum Therapeutics Plc (NASDAQ: ITRM) closed at $0.93 in the last session, up 0.08% from day before closing price of $0.93. In other words, the price has increased by $0.08 from its previous closing price. On the day, 0.37 million shares were traded. ITRM stock price reached its highest trading level at $0.937 during the session, while it also had its lowest trading level at $0.9101.
Ratios:
We take a closer look at ITRM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.58 and its Current Ratio is at 3.72.
On March 15, 2021, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $2.50.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on June 02, 2020, whereas the target price for the stock was revised from $7 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, ITRM now has a Market Capitalization of 37272000 and an Enterprise Value of 56665000.
Stock Price History:
The Beta on a monthly basis for ITRM is 2.80, which has changed by -0.2939394 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, ITRM has reached a high of $3.02, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -18.75%, while the 200-Day Moving Average is calculated to be -31.79%.
Shares Statistics:
According to the various share statistics, ITRM traded on average about 432.96K shares per day over the past 3-months and 624640 shares per day over the past 10 days. A total of 40.00M shares are outstanding, with a floating share count of 39.13M. Insiders hold about 2.19% of the company’s shares, while institutions hold 1.93% stake in the company. Shares short for ITRM as of 1745971200 were 1042872 with a Short Ratio of 2.41, compared to 1743379200 on 1497165. Therefore, it implies a Short% of Shares Outstanding of 1042872 and a Short% of Float of 3.08.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
