Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Quoin Pharmaceuticals Ltd ADR (NASDAQ: QNRX) closed the day trading at $0.56 down -6.65% from the previous closing price of $0.60. In other words, the price has decreased by -$6.65 from its previous closing price. On the day, 5.82 million shares were traded. QNRX stock price reached its highest trading level at $0.6179 during the session, while it also had its lowest trading level at $0.5301.
Ratios:
For a better understanding of QNRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.02 and its Current Ratio is at 3.02. In the meantime, Its Debt-to-Equity ratio is 0.00 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 Sep 10 ’24 when Dunn Gordon bought 20,000 shares for $0.81 per share. The transaction valued at 16,200 led to the insider holds 28,856 shares of the business.
Dunn Gordon bought 8,856 shares of QNRX for $7,005 on Sep 09 ’24. The Chief Financial Officer now owns 8,856 shares after completing the transaction at $0.79 per share. On Sep 04 ’24, another insider, Carter Denise P., who serves as the Chief Operating Officer of the company, bought 31,813 shares for $0.78 each. As a result, the insider paid 24,912 and bolstered with 47,092 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, QNRX now has a Market Capitalization of 2840467 and an Enterprise Value of -6589533.
Stock Price History:
Over the past 52 weeks, QNRX has reached a high of $6.18, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is -18.15%, while the 200-Day Moving Average is calculated to be -18.79%.
Shares Statistics:
Over the past 3-months, QNRX traded about 2.93M shares per day on average, while over the past 10 days, QNRX traded about 418130 shares per day. A total of 5.05M shares are outstanding, with a floating share count of 1.12M. Shares short for QNRX as of 1728950400 were 19172 with a Short Ratio of 0.03, compared to 1726185600 on 193530. Therefore, it implies a Short% of Shares Outstanding of 19172 and a Short% of Float of 0.47999998000000005.
