Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $0.11 in the prior trading day, Cns Pharmaceuticals Inc (NASDAQ: CNSP) closed at $0.10, down -6.34%. In other words, the price has decreased by -$6.34 from its previous closing price. On the day, 15.01 million shares were traded. CNSP stock price reached its highest trading level at $0.1093 during the session, while it also had its lowest trading level at $0.101.
Ratios:
Our goal is to gain a better understanding of CNSP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On August 24, 2020, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 01 ’24 when Gumulka Jerzy bought 33,333 shares for $0.30 per share. The transaction valued at 10,000 led to the insider holds 43,006 shares of the business.
Evans Carl Anthony bought 33,333 shares of CNSP for $10,000 on Feb 01 ’24. The Director now owns 33,458 shares after completing the transaction at $0.30 per share. On Feb 01 ’24, another insider, Downs Christopher, who serves as the Chief Financial Officer of the company, bought 66,666 shares for $0.30 each. As a result, the insider paid 20,000 and bolstered with 103,438 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, CNSP now has a Market Capitalization of 7638678 and an Enterprise Value of 2010276.
Stock Price History:
The Beta on a monthly basis for CNSP is 1.03, which has changed by -0.9967874 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, CNSP has reached a high of $41.00, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -10.16%, while the 200-Day Moving Average is calculated to be -96.39%.
Shares Statistics:
The stock has traded on average 25.02M shares per day over the past 3-months and 52701120 shares per day over the last 10 days, according to various share statistics. A total of 57.49M shares are outstanding, with a floating share count of 56.89M. Insiders hold about 1.04% of the company’s shares, while institutions hold 2.85% stake in the company. Shares short for CNSP as of 1730332800 were 1137632 with a Short Ratio of 0.02, compared to 1727654400 on 678968. Therefore, it implies a Short% of Shares Outstanding of 1137632 and a Short% of Float of 2.79.
