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After finishing at $3.05 in the prior trading day, Lipella Pharmaceuticals Inc (NASDAQ: LIPO) closed at $4.32, up 41.64%. In other words, the price has increased by $41.64 from its previous closing price. On the day, 39.82 million shares were traded. LIPO stock price reached its highest trading level at $4.6799 during the session, while it also had its lowest trading level at $3.81.
Ratios:
Our goal is to gain a better understanding of LIPO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.97 and its Current Ratio is at 2.97. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 May 14 ’24 when Kaufman Jonathan H bought 10,000 shares for $0.76 per share. The transaction valued at 7,590 led to the insider holds 898,849 shares of the business.
Kaufman Jonathan H bought 30,000 shares of LIPO for $23,649 on Mar 18 ’24. The insider now owns 863,849 shares after completing the transaction at $0.79 per share. On Mar 19 ’24, another insider, Kaufman Jonathan H, who serves as The insider of the company, bought 25,000 shares for $0.87 each. As a result, the insider paid 21,802 and bolstered with 888,849 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, LIPO now has a Market Capitalization of 5222534 and an Enterprise Value of 1335580. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.89 while its Price-to-Book (P/B) ratio in mrq is 3.23. Its current Enterprise Value per Revenue stands at 2.633.
Stock Price History:
The Beta on a monthly basis for LIPO is 0.21, which has changed by -0.61875 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, LIPO has reached a high of $12.00, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is 45.05%, while the 200-Day Moving Average is calculated to be 13.26%.
Shares Statistics:
The stock has traded on average 1.57M shares per day over the past 3-months and 8987680 shares per day over the last 10 days, according to various share statistics. A total of 1.09M shares are outstanding, with a floating share count of 0.90M. Insiders hold about 25.35% of the company’s shares, while institutions hold 5.87% stake in the company. Shares short for LIPO as of 1730332800 were 2273 with a Short Ratio of 0.01, compared to 1727654400 on 22482. Therefore, it implies a Short% of Shares Outstanding of 2273 and a Short% of Float of 0.26.
