Following The Money: Institution’s Growing Stake In Revelation Biosciences Inc (NASDAQ: REVB)

Walleye Capital LLC has recently announced that it has increased stake in Revelation Biosciences Inc (NASDAQ:REVB) by 26.60%. After grabbing 0.39 million shares, the institutional investor is now in possession of 82219.0 shares of the Healthcare Company. The new investment brought the stake of investor firm to 6.22% having worth around $0.2 million. Moreover, Citadel Securities LLC increased its share by 57360.0 to have a control over 57360.0 shares. And Geode Capital Management LLC raised its holdings to 35709.0 shares by acquiring 35709.0 shares or 0.57% of the stake.

Revelation Biosciences Inc (REVB) concluded trading on Wednesday at a closing price of $0.39, with 3.25 million shares of worth about $1.27 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -52.47% during that period and On Wednesday, January 24 the price saw a gain of about 19.32%. Currently the company’s common shares owned by public are about 6.30M shares, out of which, 6.20M shares are available for trading.

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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 8 times over the past 12 months. They bought 51,500 shares in 2 of the transactions. In 6 selling transactions, insiders dumped 39,731 shares.

The company recently came buying 0.0 shares which brought its stake up to 0.57% of the company’s outstanding shares.

However, the stock later moved at a day high price of 0.4978, or with a gain of 19.32%. Stock saw a price change of -9.53% in past 5 days and over the past one month there was a price change of -30.88%. Year-to-date (YTD), REVB shares are showing a performance of -21.31% which decreased to -95.27% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.28 but also hit the highest price of $11.39 during that period. The average intraday trading volume for Revelation Biosciences Inc shares is 102.09K. The stock is currently trading -16.04% below its 20-day simple moving average (SMA20), while that difference is down -29.25% for SMA50 and it goes to -50.02% lower than SMA200.

Walleye Capital LLC acquired 0.39 million shares of Revelation Biosciences Inc having value of about $0.2 million. Data submitted at the U.S SEC by Walleye Capital LLC revealed that the firm now holds 82219.0 shares in the company valued at close to $32065.41, or have control over 26.60% stake in the company. Revelation Biosciences Inc (NASDAQ: REVB) currently have 6.30M outstanding shares and institutions hold larger chunk of about 15.23% of that. Holding of mutual funds in the company is about 1.14% while other institutional holders and individual stake holders have control over 14.57% and 0.66% of the stake respectively.

The stock has a current market capitalization of $2.48M and its 3Y-monthly beta is at 0.37. It has posted earnings per share of -$0.47 in the same period. It has Quick Ratio of 2.62 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for REVB, volatility over the week remained 29.34% while standing at 13.65% over the month.

Analysts are in expectations that Revelation Biosciences Inc (REVB) stock would likely to be making an EPS of -$0.46 in the current quarter, while forecast for next quarter EPS is -$0.48 and it is -$1.54 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.46 which is -$0.46 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 -$1.77 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 94.92% while it is estimated to decrease by -50.98% in next year.

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