The trading price of Redhill Biopharma Ltd. ADR (NASDAQ:RDHL) closed higher on Tuesday, August 06, closing at $0.47, 2.89% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $3.28 and a 52-week low of $0.26. Over the past month, the stock has gained 33.97% in value.
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Redhill Biopharma Ltd. ADR, whose market valuation is $15.08 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 20.8M.
On the technical side, indicators suggest RDHL has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that RDHL’s price is currently 13.92% off the SMA20 and 14.90% off the SMA50. The RSI metric on the 14-day chart is currently showing 53.12, and weekly volatility stands at 31.27%. When measured over the past 30 days, the indicator reaches 12.35%. Redhill Biopharma Ltd. ADR (NASDAQ:RDHL)’s beta value is currently sitting at 3.46, while the Average True Range indicator is currently displaying 0.07.
To see how Redhill Biopharma Ltd. ADR stock has been performing in comparison to its peers in the industry, here are the numbers: RDHL stock’s performance was 2.89% in the latest trading, and -54.92% in the past year.
An evaluation of the daily trading volume of Redhill Biopharma Ltd. ADR (NASDAQ:RDHL) indicates that the 3-month average is 6.57 million.
Currently, records show that 31.87 million of the company’s shares remain outstanding. The insiders hold 0.50% of outstanding shares, whereas institutions hold 13.76%. However, since the stock’s price has seen -67.58% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
