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The price of ORIC Pharmaceuticals Inc (NASDAQ: ORIC) closed at $10.00 in the last session, down -6.98% from day before closing price of $10.75. In other words, the price has decreased by -$6.98 from its previous closing price. On the day, 1.0 million shares were traded. ORIC stock price reached its highest trading level at $11.04 during the session, while it also had its lowest trading level at $9.65.
Ratios:
We take a closer look at ORIC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 15.08 and its Current Ratio is at 15.08. 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, Stifel on September 06, 2024, initiated with a Buy rating and assigned the stock a target price of $20.
On September 22, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $8.Wedbush initiated its Outperform rating on September 22, 2023, with a $8 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 06 ’24 when Chacko Jacob sold 40,000 shares for $16.21 per share. The transaction valued at 648,380 led to the insider holds 728,544 shares of the business.
Chacko Jacob sold 26,042 shares of ORIC for $320,186 on Feb 07 ’24. The PRESIDENT AND CEO now owns 768,544 shares after completing the transaction at $12.29 per share. On Feb 06 ’24, another insider, Chacko Jacob, who serves as the PRESIDENT AND CEO of the company, sold 13,958 shares for $12.12 each. As a result, the insider received 169,160 and left with 794,586 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, ORIC now has a Market Capitalization of 705424960 and an Enterprise Value of 428755776.
Stock Price History:
Over the past 52 weeks, ORIC has reached a high of $16.65, while it has fallen to a 52-week low of $5.27. The 50-Day Moving Average of the stock is -0.71%, while the 200-Day Moving Average is calculated to be -1.20%.
Shares Statistics:
According to the various share statistics, ORIC traded on average about 592.32K shares per day over the past 3-months and 768230 shares per day over the past 10 days. A total of 54.87M shares are outstanding, with a floating share count of 46.30M. Insiders hold about 34.37% of the company’s shares, while institutions hold 65.77% stake in the company. Shares short for ORIC as of 1724976000 were 12666065 with a Short Ratio of 20.90, compared to 1722384000 on 11916388. Therefore, it implies a Short% of Shares Outstanding of 12666065 and a Short% of Float of 18.23.
