Market Update: Iterum Therapeutics Plc (ITRM) Sees Negative Movement, Closing at 0.83

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.

In the latest session, Iterum Therapeutics Plc (NASDAQ: ITRM) closed at $0.83 down -4.71% from its previous closing price of $0.87. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 0.95 million shares were traded. ITRM stock price reached its highest trading level at $0.894 during the session, while it also had its lowest trading level at $0.8165.

Ratios:

For a deeper understanding of Iterum Therapeutics Plc’s stock, let’s take a closer look at its various ratios. 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 33200000 and an Enterprise Value of 59193000.

Stock Price History:

The Beta on a monthly basis for ITRM is 2.87, which has changed by -0.3386454 over the last 52 weeks, in comparison to a change of 0.16260707 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 -15.12%, while the 200-Day Moving Average is calculated to be -37.94%.

Shares Statistics:

For the past three months, ITRM has traded an average of 630.67K shares per day and 998910 over the past ten 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 1749772800 were 1167840 with a Short Ratio of 1.88, compared to 1747267200 on 1288337. Therefore, it implies a Short% of Shares Outstanding of 1167840 and a Short% of Float of 2.98.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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