Palisade Bio Inc (NASDAQ: PALI) closed the day trading at $0.40 up 1.52% from the previous closing price of $0.40. In other words, the price has increased by $+0.0060 from its previous closing price. On the day, 673252 shares were traded.
Ratios:
For a better understanding of PALI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.11 and its Current Ratio is at 6.11. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 06 when Finley John David bought 10,000 shares for $0.47 per share. The transaction valued at 4,692 led to the insider holds 84,649 shares of the business.
Williams Donald Allen bought 10,000 shares of PALI for $6,050 on Jan 31. The Director now owns 30,000 shares after completing the transaction at $0.60 per share. On Jan 31, another insider, Finley John David, who serves as the CEO, CFO, Director of the company, bought 10,000 shares for $0.56 each. As a result, the insider paid 5,590 and bolstered with 74,649 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, PALI now has a Market Capitalization of 4.80M and an Enterprise Value of -10.01M. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.92 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at -40.03 whereas that against EBITDA is 0.77.
Stock Price History:
Over the past 52 weeks, PALI has reached a high of $3.65, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is 0.5254, while the 200-Day Moving Average is calculated to be 0.9342.
Shares Statistics:
Over the past 3-months, PALI traded about 2.71M shares per day on average, while over the past 10 days, PALI traded about 227.27k shares per day. A total of 9.28M shares are outstanding, with a floating share count of 9.06M. Insiders hold about 2.35% of the company’s shares, while institutions hold 21.37% stake in the company. Shares short for PALI as of Feb 15, 2024 were 100.86k with a Short Ratio of 0.04, compared to 129.02k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.83% and a Short% of Float of 0.98%.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of -$0.34 for the current quarter, with a high estimate of -$0.33 and a low estimate of -$0.36, while EPS last year was $6.47. The consensus estimate for the next quarter is -$0.32, with high estimates of -$0.32 and low estimates of -$0.32.
Analysts are recommending an EPS of between -$1.83 and -$1.92 for the fiscal current year, implying an average EPS of -$1.87. EPS for the following year is -$0.95, with 2 analysts recommending between -$0.82 and -$1.09.
