NRx Pharmaceuticals Inc. (NRXP) Decline -9.72% in Day Trading, Closes at $0.26


The price of NRx Pharmaceuticals Inc. (NASDAQ: NRXP) closed at $0.26 in the last session, down -9.72% from day before closing price of $0.28. In other words, the price has decreased by -$0.0277 from its previous closing price. On the day, 1080908 shares were traded. NRXP stock price reached its highest trading level at $0.2800 during the session, while it also had its lowest trading level at $0.2550.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free


We take a closer look at NRXP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90.

Upgrades & Downgrades

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 30 when Hurvitz Chaim bought 70,000 shares for $0.29 per share. The transaction valued at 20,125 led to the insider holds 570,000 shares of the business.

Gorovitz Aaron bought 35,000 shares of NRXP for $11,196 on Aug 30. The Director now owns 105,000 shares after completing the transaction at $0.32 per share. On Aug 23, another insider, Javitt Jonathan C, who serves as the Chief Scientist of the company, bought 100,000 shares for $0.33 each. As a result, the insider paid 33,000 and bolstered with 446,332 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NRXP now has a Market Capitalization of 23.72M and an Enterprise Value of 21.45M.

Stock Price History:

Over the past 52 weeks, NRXP has reached a high of $1.54, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 0.3357, while the 200-Day Moving Average is calculated to be 0.7287.

Shares Statistics:

According to the various share statistics, NRXP traded on average about 1.35M shares per day over the past 3-months and 2.28M shares per day over the past 10 days. A total of 73.22M shares are outstanding, with a floating share count of 54.13M. Insiders hold about 2.40% of the company’s shares, while institutions hold 7.20% stake in the company. Shares short for NRXP as of Aug 30, 2023 were 1.44M with a Short Ratio of 1.44M, compared to 1.06M on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.73% and a Short% of Float of 2.62%.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.12, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.

Analysts are recommending an EPS of between -$0.52 and -$0.52 for the fiscal current year, implying an average EPS of -$0.52. EPS for the following year is -$0.46, with 1 analysts recommending between -$0.46 and -$0.46.


Please enter your comment!
Please enter your name here