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, Salarius Pharmaceuticals Inc (NASDAQ: SLRX) closed at $0.61 down -3.17% from its previous closing price of $0.63. In other words, the price has decreased by -$3.17 from its previous closing price. On the day, 0.57 million shares were traded. SLRX stock price reached its highest trading level at $0.67 during the session, while it also had its lowest trading level at $0.59.
Ratios:
For a deeper understanding of Salarius Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 1.83 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, Ladenburg Thalmann on April 27, 2020, initiated with a Buy rating and assigned the stock a target price of $3.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLRX now has a Market Capitalization of 1297646 and an Enterprise Value of -388505.
Stock Price History:
The Beta on a monthly basis for SLRX is 0.49, which has changed by -0.672043 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, SLRX has reached a high of $7.20, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -23.77%, while the 200-Day Moving Average is calculated to be -50.50%.
Shares Statistics:
For the past three months, SLRX has traded an average of 3.07M shares per day and 11890400 over the past ten days. A total of 2.13M shares are outstanding, with a floating share count of 2.11M. Insiders hold about 0.68% of the company’s shares, while institutions hold 3.02% stake in the company. Shares short for SLRX as of 1752537600 were 678491 with a Short Ratio of 0.22, compared to 1749772800 on 31420. Therefore, it implies a Short% of Shares Outstanding of 678491 and a Short% of Float of 32.06.
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.
