Azitra Inc (AMEX:AZTR) price on Thursday, March 28, rose 2.44% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.21.
A look at the stock’s price movement, the close in the last trading session was $0.20. Turning to its 52-week performance, $5.18 and $0.18 were the 52-week high and 52-week low respectively. Overall, AZTR moved -22.42% over the past month.
Azitra Inc’s market cap currently stands at around $5.91 million. Analysts project the company’s earnings per share (EPS) to be $0, which has seen fiscal year 2024 EPS growth forecast to increase to -$0.75 and about -$0.85 for fiscal year 2025. Per the data, EPS growth is expected to be 59.00% for 2024 and -13.30% for the next financial year.
Wall Street analysts have also projected the company’s year-on-year revenue for 2024 to grow to $1.5 million, representing a 118.70% jump on that reported in the last financial year.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s).
AZTR’s current price about -10.00% and -68.67% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 28.57, while 7-day volatility ratio is 10.75% and 8.56% in the 30-day chart. Further, Azitra Inc (AZTR) has a beta value of 0, and an average true range (ATR) of 0.04.
If we refocus on Azitra Inc (AMEX:AZTR), historical trading data shows that trading volumes averaged 0.32 million over the past 10 days and 447.97K over the past 3 months. The company’s latest data on shares outstanding shows there are 28.76 million shares.
The 44.11% of Azitra Inc’s shares are in the hands of company insiders while institutional holders own 0.19% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.1 million on Mar 15, 2024, giving us a short ratio of 0.14. The data shows that as of Mar 15, 2024 short interest in Azitra Inc (AZTR) stood at 0.35% of shares outstanding, with shares short rising to 65640.0 registered in Feb 15, 2024. Current price change has pushed the stock -77.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AZTR stock continues to rise going into the next quarter.
