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.
As of close of business last night, Adial Pharmaceuticals Inc’s stock clocked out at $0.47, down -21.78% from its previous closing price of $0.61. In other words, the price has decreased by -$21.78 from its previous closing price. On the day, 4.8 million shares were traded. ADIL stock price reached its highest trading level at $0.5199 during the session, while it also had its lowest trading level at $0.4661.
Ratios:
To gain a deeper understanding of ADIL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 1.99. 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, Rodman & Renshaw on November 14, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
On October 30, 2018, Maxim Group started tracking the stock assigning a Buy rating and target price of $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADIL now has a Market Capitalization of 7479354 and an Enterprise Value of 1379939.
Stock Price History:
The Beta on a monthly basis for ADIL is 1.09, which has changed by -0.5392157 over the last 52 weeks, in comparison to a change of 0.16821623 over the same period for the S&P500. Over the past 52 weeks, ADIL has reached a high of $1.30, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -0.28%, while the 200-Day Moving Average is calculated to be -39.15%.
Shares Statistics:
It appears that ADIL traded 9.38M shares on average per day over the past three months and 6863580 shares per day over the past ten days. A total of 15.78M shares are outstanding, with a floating share count of 14.93M. Insiders hold about 5.35% of the company’s shares, while institutions hold 3.64% stake in the company. Shares short for ADIL as of 1752537600 were 341215 with a Short Ratio of 0.04, compared to 1749772800 on 490072. Therefore, it implies a Short% of Shares Outstanding of 341215 and a Short% of Float of 2.18.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
