Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of X4 Pharmaceuticals Inc (NASDAQ: XFOR) was $0.35 for the day, down -6.21% from the previous closing price of $0.38. In other words, the price has decreased by -$6.21 from its previous closing price. On the day, 1.93 million shares were traded.
Ratios:
Our analysis of XFOR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.80 and its Current Ratio is at 4.89. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.29.
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, B. Riley Securities on December 12, 2023, Downgraded its rating to Neutral and sets its target price to $1 from $3 previously.
On December 22, 2022, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $3.Cantor Fitzgerald initiated its Overweight rating on December 22, 2022, with a $3 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 May 17 ’24 when Baldry Mark bought 21,646 shares for $0.68 per share. The transaction valued at 14,654 led to the insider holds 115,769 shares of the business.
Baldry Mark bought 13,404 shares of XFOR for $4,598 on Nov 15 ’24. The Chief Commercial Officer now owns 129,173 shares after completing the transaction at $0.34 per share. On Jan 24 ’25, another insider, Ragan Paula, who serves as the President and CEO of the company, sold 76,473 shares for $0.45 each. As a result, the insider received 34,719 and left with 1,087,386 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 53.57 while its Price-to-Book (P/B) ratio in mrq is 0.99.
Stock Price History:
Over the past 52 weeks, XFOR has reached a high of $1.60, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -35.17%, while the 200-Day Moving Average is calculated to be -45.17%.
Shares Statistics:
A total of 168.51M shares are outstanding, with a floating share count of 112.96M. Insiders hold about 33.77% of the company’s shares, while institutions hold 31.30% stake in the company.
