Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Aadi Bioscience Inc (NASDAQ: AADI) closed at $2.98 down -4.79% from its previous closing price of $3.13. In other words, the price has decreased by -$4.79 from its previous closing price. On the day, 0.15 million shares were traded. AADI stock price reached its highest trading level at $3.14 during the session, while it also had its lowest trading level at $2.98.
Ratios:
For a deeper understanding of Aadi Bioscience Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.54 and its Current Ratio is at 4.89. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 the company, Piper Sandler on August 27, 2024, Downgraded its rating to Neutral and sets its target price to $1.75 from $5 previously.
Jefferies Downgraded its Buy to Hold on August 21, 2024, whereas the target price for the stock was revised from $11 to $1.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 03 ’24 when Lennon David James sold 9,689 shares for $1.94 per share. The transaction valued at 18,797 led to the insider holds 22,869 shares of the business.
Lennon David James bought 9,689 shares of AADI for $18,797 on Oct 03 ’24. On Sep 03 ’24, another insider, Desai Neil, who serves as the EXECUTIVE CHAIRMAN of the company, sold 40,000 shares for $1.71 each. As a result, the insider received 68,316 and left with 1,171,543 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, AADI now has a Market Capitalization of 73548488 and an Enterprise Value of 11776228. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.93 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 0.47 whereas that against EBITDA is -0.186.
Stock Price History:
Over the past 52 weeks, AADI has reached a high of $3.81, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is 14.01%, while the 200-Day Moving Average is calculated to be 50.21%.
Shares Statistics:
For the past three months, AADI has traded an average of 353.23K shares per day and 357460 over the past ten days. A total of 24.61M shares are outstanding, with a floating share count of 20.13M. Insiders hold about 18.45% of the company’s shares, while institutions hold 52.89% stake in the company. Shares short for AADI as of 1735603200 were 547535 with a Short Ratio of 1.55, compared to 1732838400 on 224039. Therefore, it implies a Short% of Shares Outstanding of 547535 and a Short% of Float of 3.27.
