For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Relmada Therapeutics Inc (NASDAQ: RLMD) closed the day trading at $0.71 down -7.87% from the previous closing price of $0.77. In other words, the price has decreased by -$7.87 from its previous closing price. On the day, 0.72 million shares were traded.
Ratios:
For a better understanding of RLMD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.29 and its Current Ratio is at 5.29. In the meantime, Its Debt-to-Equity ratio is 0.00 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 the company, Mizuho on December 05, 2024, Downgraded its rating to Neutral and sets its target price to $1 from $23 previously.
On September 17, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3.50 to $13.
Goldman Downgraded its Neutral to Sell on June 05, 2024, whereas the target price for the stock was revised from $3 to $2.
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 16 ’25 when Kelly Paul Edward bought 200,000 shares for $0.43 per share. The transaction valued at 86,060 led to the insider holds 412,295 shares of the business.
Shenouda Maged bought 90,000 shares of RLMD for $43,686 on May 19 ’25. The Chief Financial Officer now owns 228,335 shares after completing the transaction at $0.49 per share. On May 20 ’25, another insider, Shenouda Maged, who serves as the Chief Financial Officer of the company, bought 60,000 shares for $0.52 each. As a result, the insider paid 31,422 and bolstered with 288,335 shares of the company.
Stock Price History:
Over the past 52 weeks, RLMD has reached a high of $4.47, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 44.51%, while the 200-Day Moving Average is calculated to be -48.92%.
Shares Statistics:
A total of 33.19M shares are outstanding, with a floating share count of 26.73M. Insiders hold about 19.46% of the company’s shares, while institutions hold 25.04% stake in the company.
