Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Salarius Pharmaceuticals Inc (NASDAQ: SLRX) was $0.86 for the day, down -9.78% from the previous closing price of $0.95. In other words, the price has decreased by -$9.78 from its previous closing price. On the day, 6.31 million shares were traded. SLRX stock price reached its highest trading level at $0.88 during the session, while it also had its lowest trading level at $0.82.
Ratios:
Our analysis of SLRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Ladenburg Thalmann on April 27, 2020, initiated with a Buy rating and assigned the stock a target price of $3.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLRX now has a Market Capitalization of 1641595 and an Enterprise Value of -1581613.
Stock Price History:
The Beta on a monthly basis for SLRX is 0.51, which has changed by -0.7551546 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, SLRX has reached a high of $7.20, while it has fallen to a 52-week low of $0.83. The 50-Day Moving Average of the stock is -46.88%, while the 200-Day Moving Average is calculated to be -52.90%.
Shares Statistics:
SLRX traded an average of 2.21M shares per day over the past three months and 57800 shares per day over the past ten days. A total of 1.75M shares are outstanding, with a floating share count of 1.71M. Insiders hold about 2.29% of the company’s shares, while institutions hold 0.42% stake in the company. Shares short for SLRX as of 1740700800 were 85721 with a Short Ratio of 0.02, compared to 1738281600 on 19341. Therefore, it implies a Short% of Shares Outstanding of 85721 and a Short% of Float of 5.45.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
