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The closing price of Seelos Therapeutics Inc (NASDAQ: SEEL) was $0.29 for the day, up 1.18% from the previous closing price of $0.29. In other words, the price has increased by $1.18 from its previous closing price. On the day, 0.28 million shares were traded. SEEL stock price reached its highest trading level at $0.2999 during the session, while it also had its lowest trading level at $0.29.
Ratios:
Our analysis of SEEL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.08.
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 the company, ROTH Capital on September 27, 2021, Upgraded its rating to Buy and sets its target price to $8 from $2.50 previously.
On July 01, 2021, Guggenheim started tracking the stock assigning a Buy rating and target price of $8.
On June 01, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $10.Cantor Fitzgerald initiated its Overweight rating on June 01, 2021, with a $10 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 30 ’23 when Golembiewski Michael Joseph bought 83,000 shares for $1.21 per share. The transaction valued at 100,222 led to the insider holds 86,450 shares of the business.
Mehra Raj bought 75,757 shares of SEEL for $99,999 on Dec 01 ’23. The insider now owns 185,142 shares after completing the transaction at $1.32 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SEEL now has a Market Capitalization of 2035401 and an Enterprise Value of 11601224. As of this moment, Seelos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01. Its current Enterprise Value per Revenue stands at 5.76.
Stock Price History:
Over the past 52 weeks, SEEL has reached a high of $291.60, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -35.42%, while the 200-Day Moving Average is calculated to be -95.32%.
Shares Statistics:
SEEL traded an average of 1.93M shares per day over the past three months and 1114110 shares per day over the past ten days. A total of 6.98M shares are outstanding, with a floating share count of 6.73M. Insiders hold about 3.48% of the company’s shares, while institutions hold 3.06% stake in the company. Shares short for SEEL as of 1723680000 were 89289 with a Short Ratio of 0.05, compared to 1721001600 on 294954. Therefore, it implies a Short% of Shares Outstanding of 89289 and a Short% of Float of 1.4400001.
