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.
After finishing at $11.86 in the prior trading day, Artelo Biosciences Inc (NASDAQ: ARTL) closed at $10.2, down -14.00%. In other words, the price has decreased by -$14.00 from its previous closing price. On the day, 0.61 million shares were traded. ARTL stock price reached its highest trading level at $12.16 during the session, while it also had its lowest trading level at $9.83.
Ratios:
Our goal is to gain a better understanding of ARTL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.09.
On February 12, 2021, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARTL now has a Market Capitalization of 7143794 and an Enterprise Value of 4926758.
Stock Price History:
The Beta on a monthly basis for ARTL is 1.36, which has changed by 0.33858263 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, ARTL has reached a high of $28.60, while it has fallen to a 52-week low of $4.92. The 50-Day Moving Average of the stock is -2.89%, while the 200-Day Moving Average is calculated to be 36.04%.
Shares Statistics:
The stock has traded on average 632.98K shares per day over the past 3-months and 159800 shares per day over the last 10 days, according to various share statistics. A total of 0.70M shares are outstanding, with a floating share count of 0.70M. Insiders hold about 0.65% of the company’s shares, while institutions hold 2.05% stake in the company. Shares short for ARTL as of 1752537600 were 30592 with a Short Ratio of 0.05, compared to 1749772800 on 11794. Therefore, it implies a Short% of Shares Outstanding of 30592 and a Short% of Float of 4.3999999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
