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After finishing at $2.79 in the prior trading day, Redhill Biopharma Ltd. ADR (NASDAQ: RDHL) closed at $2.84, up 1.61%. In other words, the price has increased by $1.61 from its previous closing price. On the day, 0.64 million shares were traded. RDHL stock price reached its highest trading level at $2.87 during the session, while it also had its lowest trading level at $2.57.
Ratios:
Our goal is to gain a better understanding of RDHL by taking a closer look at its different ratios.
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, Cantor Fitzgerald on August 31, 2021, initiated with a Overweight rating and assigned the stock a target price of $22.
On May 18, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $23.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDHL now has a Market Capitalization of 3681701 and an Enterprise Value of 33334185984. Its current Enterprise Value per Revenue stands at 8992.227 whereas that against EBITDA is -1591.814.
Stock Price History:
The Beta on a monthly basis for RDHL is 4.39, which has changed by -0.78563327 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, RDHL has reached a high of $20.27, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is -46.11%, while the 200-Day Moving Average is calculated to be -65.10%.
Shares Statistics:
The stock has traded on average 57.10K shares per day over the past 3-months and 90450 shares per day over the last 10 days, according to various share statistics. A total of 1.27M shares are outstanding, with a floating share count of 1.27M. Insiders hold about 0.50% of the company’s shares, while institutions hold 6.59% stake in the company. Shares short for RDHL as of 1740700800 were 33975 with a Short Ratio of 0.60, compared to 1738281600 on 5327. Therefore, it implies a Short% of Shares Outstanding of 33975 and a Short% of Float of 2.9899999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
