Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Klotho Neurosciences Inc (NASDAQ: KLTO) was $0.45 for the day, down -8.94% from the previous closing price of $0.49. In other words, the price has decreased by -$8.94 from its previous closing price. On the day, 0.34 million shares were traded. KLTO stock price reached its highest trading level at $0.5157 during the session, while it also had its lowest trading level at $0.4481.
Ratios:
Our analysis of KLTO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.16 and its Current Ratio is at 0.16. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 Jul 02 ’24 when CHARDAN CAPITAL MARKETS LLC sold 180,000 shares for $2.05 per share. The transaction valued at 368,442 led to the insider holds 1,284,364 shares of the business.
CHARDAN CAPITAL MARKETS LLC sold 115,136 shares of KLTO for $237,618 on Jul 01 ’24. The 10% Owner now owns 1,464,364 shares after completing the transaction at $2.06 per share. On Jun 28 ’24, another insider, CHARDAN CAPITAL MARKETS LLC, who serves as the 10% Owner of the company, sold 47,000 shares for $2.53 each. As a result, the insider received 119,103 and left with 1,579,500 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, KLTO now has a Market Capitalization of 10424374 and an Enterprise Value of 10286385.
Stock Price History:
The Beta on a monthly basis for KLTO is -0.21, which has changed by -0.95813084 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, KLTO has reached a high of $13.10, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is 3.43%, while the 200-Day Moving Average is calculated to be -84.71%.
Shares Statistics:
KLTO traded an average of 939.17K shares per day over the past three months and 2708350 shares per day over the past ten days. A total of 19.86M shares are outstanding, with a floating share count of 16.49M. Insiders hold about 22.45% of the company’s shares, while institutions hold 3.78% stake in the company. Shares short for KLTO as of 1730332800 were 142280 with a Short Ratio of 0.24, compared to 1727654400 on 106881.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
