Market Watch: Aquestive Therapeutics Inc (AQST)’s Noteworthy Gain, Closing at 5.37

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As of close of business last night, Aquestive Therapeutics Inc’s stock clocked out at $5.37, up 5.29% from its previous closing price of $5.10. In other words, the price has increased by $5.29 from its previous closing price. On the day, 1.59 million shares were traded. AQST stock price reached its highest trading level at $5.42 during the session, while it also had its lowest trading level at $5.02.

Ratios:

To gain a deeper understanding of AQST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.98 and its Current Ratio is at 7.49.

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, Leerink Partners on May 10, 2024, initiated with a Outperform rating and assigned the stock a target price of $8.

On April 11, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $10.

On March 28, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $7.Raymond James initiated its Outperform rating on March 28, 2024, with a $7 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Schobel Alexander Mark sold 50,000 shares for $6.00 per share. The transaction valued at 300,000 led to the insider holds 984,476 shares of the business.

Schobel Alexander Mark sold 25,000 shares of AQST for $129,685 on Mar 08 ’24. The Chief Innovation/Tech Officer now owns 1,040,371 shares after completing the transaction at $5.19 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AQST now has a Market Capitalization of 488991104 and an Enterprise Value of 434843904. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.38. Its current Enterprise Value per Revenue stands at 7.451 whereas that against EBITDA is -31.016.

Stock Price History:

Over the past 52 weeks, AQST has reached a high of $6.23, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 14.22%, while the 200-Day Moving Average is calculated to be 46.20%.

Shares Statistics:

It appears that AQST traded 1.27M shares on average per day over the past three months and 1082990 shares per day over the past ten days. A total of 91.06M shares are outstanding, with a floating share count of 79.37M. Insiders hold about 12.84% of the company’s shares, while institutions hold 39.62% stake in the company. Shares short for AQST as of 1727654400 were 11063504 with a Short Ratio of 8.72, compared to 1724976000 on 10804632. Therefore, it implies a Short% of Shares Outstanding of 11063504 and a Short% of Float of 14.549999999999999.

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