Trading Day Review: Aquestive Therapeutics Inc (AQST) Loses Momentum, Closing at 4.72

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The price of Aquestive Therapeutics Inc (NASDAQ: AQST) closed at $4.72 in the last session, down -5.60% from day before closing price of $5.00. In other words, the price has decreased by -$5.60 from its previous closing price. On the day, 2.66 million shares were traded. AQST stock price reached its highest trading level at $5.18 during the session, while it also had its lowest trading level at $4.5352.

Ratios:

We take a closer look at AQST’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.98 and its Current Ratio is at 7.49.

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, Leerink Partners on May 10, 2024, initiated with a Outperform rating and assigned the stock a target price of $8.

On April 11, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $10.

On March 28, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $7.Raymond James initiated its Outperform rating on March 28, 2024, with a $7 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Schobel Alexander Mark sold 50,000 shares for $6.00 per share. The transaction valued at 300,000 led to the insider holds 984,476 shares of the business.

Schobel Alexander Mark sold 25,000 shares of AQST for $129,685 on Mar 08 ’24. The Chief Innovation/Tech Officer now owns 1,040,371 shares after completing the transaction at $5.19 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AQST now has a Market Capitalization of 430712864 and an Enterprise Value of 375655072. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.36. Its current Enterprise Value per Revenue stands at 6.437 whereas that against EBITDA is -26.794.

Stock Price History:

Over the past 52 weeks, AQST has reached a high of $6.23, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is 13.49%, while the 200-Day Moving Average is calculated to be 38.71%.

Shares Statistics:

According to the various share statistics, AQST traded on average about 1.47M shares per day over the past 3-months and 1436270 shares per day over the past 10 days. A total of 91.06M shares are outstanding, with a floating share count of 79.37M. Insiders hold about 12.84% of the company’s shares, while institutions hold 39.54% stake in the company. Shares short for AQST as of 1726185600 were 10798108 with a Short Ratio of 7.37, compared to 1723680000 on 10786203. Therefore, it implies a Short% of Shares Outstanding of 10798108 and a Short% of Float of 14.2.

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