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.
In the latest session, Rallybio Corp (NASDAQ: RLYB) closed at $0.43 down -5.43% from its previous closing price of $0.45. In other words, the price has decreased by -$5.43 from its previous closing price. On the day, 0.76 million shares were traded. RLYB stock price reached its highest trading level at $0.4661 during the session, while it also had its lowest trading level at $0.43.
Ratios:
For a deeper understanding of Rallybio Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.68 and its Current Ratio is at 14.68. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Jefferies Downgraded its Buy to Hold on February 07, 2024, whereas the target price for the stock was revised from $7 to $1.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RLYB now has a Market Capitalization of 17894020 and an Enterprise Value of -40313480. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.05 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at -47.539 whereas that against EBITDA is 0.802.
Stock Price History:
The Beta on a monthly basis for RLYB is -1.14, which has changed by -0.67424244 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, RLYB has reached a high of $1.54, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 22.68%, while the 200-Day Moving Average is calculated to be -39.17%.
Shares Statistics:
For the past three months, RLYB has traded an average of 2.83M shares per day and 16406550 over the past ten days. A total of 41.61M shares are outstanding, with a floating share count of 20.47M. Insiders hold about 52.22% of the company’s shares, while institutions hold 29.12% stake in the company. Shares short for RLYB as of 1749772800 were 330040 with a Short Ratio of 0.12, compared to 1747267200 on 356942. Therefore, it implies a Short% of Shares Outstanding of 330040 and a Short% of Float of 0.98.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
