Allarity Therapeutics Inc (NASDAQ:ALLR) traded at $4.56 at last check on Tuesday, April 09, made an upward move of 6.05% on its previous day’s price.
Looking at the stock we see that its previous close was $4.30 and the beta (5Y monthly) reads 0.24. In terms of its 52-week price range, ALLR has a high of $3088.00 and a low of $3.80. The company’s stock has lost about -43.13% over that past 30 days.
Allarity Therapeutics Inc has a market cap of $1.41 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.53, with the EPS growth for the year raised at -$1.43 for 2024 and -$1.52 for next year. These figures represent 86.10% and -6.30% growth in EPS for the two years respectively.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the ALLR stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -27.05% off its SMA20 and -39.32% from its 50-day simple moving average. The RSI (14) is pointing at 26.03 while the volatility over the past week is 26.35% and jumps to 13.81% over the past one month. The beta value is 0.24, while the average true range (ATR) is currently pointing at 0.80.
Coming back to Allarity Therapeutics Inc (NASDAQ:ALLR), we note that the average 3-month trading volume was 19.49K, while that of the preceding 10-day period stands at 96540.0. Current shares outstanding are 0.29 million.
The insiders hold 11.12% of the company’s shares while institutions hold 0.94%. The data shows that short shares as of Mar 15, 2024, stood at 30710.0 at a short ratio of 4.93. This represents a 9.94% short interest in shares outstanding on Mar 15, 2024. Shares short fall in March from the previous month at 32009.999999999996. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -58.63% down in year-to-date price movement.
