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.
The price of Alterity Therapeutics Ltd ADR (NASDAQ: ATHE) closed at $3.34 in the last session, down -10.22% from day before closing price of $3.72. In other words, the price has decreased by -$10.22 from its previous closing price. On the day, 0.15 million shares were traded. ATHE stock price reached its highest trading level at $3.72 during the session, while it also had its lowest trading level at $2.93.
Ratios:
We take a closer look at ATHE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.54 and its Current Ratio is at 3.54. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 this company, Maxim Group on December 12, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATHE now has a Market Capitalization of 32703008 and an Enterprise Value of 17757442048. Its current Enterprise Value per Revenue stands at 4418.06 whereas that against EBITDA is -907.307.
Stock Price History:
The Beta on a monthly basis for ATHE is 0.65, which has changed by 0.7671958 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, ATHE has reached a high of $4.71, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 73.39%, while the 200-Day Moving Average is calculated to be 91.03%.
Shares Statistics:
According to the various share statistics, ATHE traded on average about 63.68K shares per day over the past 3-months and 128310 shares per day over the past 10 days. A total of 8.74M shares are outstanding, with a floating share count of 8.45M. Insiders hold about 4.67% of the company’s shares, while institutions hold 1.27% stake in the company. Shares short for ATHE as of 1734048000 were 148545 with a Short Ratio of 2.33, compared to 1731628800 on 3679. Therefore, it implies a Short% of Shares Outstanding of 148545 and a Short% of Float of 1.71.
