Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of GT Biopharma Inc (NASDAQ: GTBP) closed at $2.39 in the last session, up 2.58% from day before closing price of $2.33. In other words, the price has increased by $2.58 from its previous closing price. On the day, 72495.0 shares were traded. GTBP stock price reached its highest trading level at $2.51 during the session, while it also had its lowest trading level at $2.3247.
Ratios:
We take a closer look at GTBP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, ROTH MKM on December 02, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
On May 24, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $25.
On April 13, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $21.B. Riley Securities initiated its Buy rating on April 13, 2021, with a $21 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GTBP now has a Market Capitalization of 5340049 and an Enterprise Value of -2723762.
Stock Price History:
Over the past 52 weeks, GTBP has reached a high of $10.66, while it has fallen to a 52-week low of $1.72. The 50-Day Moving Average of the stock is -14.75%, while the 200-Day Moving Average is calculated to be -16.47%.
Shares Statistics:
According to the various share statistics, GTBP traded on average about 449.04K shares per day over the past 3-months and 452270 shares per day over the past 10 days. A total of 2.23M shares are outstanding, with a floating share count of 1.96M. Insiders hold about 12.15% of the company’s shares, while institutions hold 64.27% stake in the company. Shares short for GTBP as of 1730332800 were 17725 with a Short Ratio of 0.20, compared to 1727654400 on 5017. Therefore, it implies a Short% of Shares Outstanding of 17725 and a Short% of Float of 0.8099999999999999.
