Are Analysts Expecting A Better 2020 For Redhill Biopharma Ltd. ADR (RDHL)?

Redhill Biopharma Ltd. ADR (RDHL) concluded trading on December 20, 2023 at a closing price of $1.40, with 20.4 million shares of worth about $28.55 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.13% during that period and On Wednesday the price saw a gain of about 6.06%. Currently the company’s common shares owned by public are about 19.67M shares, out of which, 19.58M shares are available for trading.

However, the stock later moved at a day high price of 1.7400, or with a gain of 6.06%. Stock saw a price change of 13.82% in past 5 days and over the past one month there was a price change of 317.91%. Year-to-date (YTD), RDHL shares are showing a performance of -75.05% which decreased to -79.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.26 but also hit the highest price of $11.50 during that period. The average intraday trading volume for Redhill Biopharma Ltd. ADR shares is 9.74 million. The stock is currently trading 3.95% above its 20-day simple moving average (SMA20), while that difference is up 79.00% for SMA50 and it goes to -23.68% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Redhill Biopharma Ltd. ADR (NASDAQ: RDHL) currently have 19.67M outstanding shares and institutions hold larger chunk of about 7.78% of that.

The stock has a current market capitalization of $27.54M and its 3Y-monthly beta is at 3.58. It has posted earnings per share of -$3.16 in the same period. It has Quick Ratio of 0.78 while making debt-to-equity ratio of 0.66. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RDHL, volatility over the week remained 15.44% while standing at 27.85% over the month.

Analysts are in expectations that Redhill Biopharma Ltd. ADR (RDHL) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.5 in the same quarter a year ago.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on August 31, 2021 offering an Overweight rating for the stock and assigned a target price of $22 to it.

Most Popular

Related Posts