Lipella Pharmaceuticals Inc (NASDAQ:LIPO) traded at $0.43 at last check on current trade day and made a downward move of -0.72% on its previous day’s price.
Looking at the stock we see that its previous close was $0.43 with the day’s price range being $0.413 – $0.5. In terms of its 52-week price range, LIPO has a high of $2.71 and a low of $0.32. The company’s stock has gained about 5.20% over that past 30 days.
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
Lipella Pharmaceuticals Inc has a market cap of $3.42 million and is expected to release its quarterly earnings report on 2024-Aug-13.
On the other hand, looking at the outlook for the LIPO stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is -0.92% off its SMA20 and -1.84% from its 50-day simple moving average. The RSI (14) is pointing at 49.45 while the volatility over the past week is 9.90% and jumps to 10.92% over the past one month. The beta value is 0.21, while the average true range (ATR) is currently pointing at 0.05. The average price target for the stock over the next 12 months is $2, with the estimates having a low of $2 and a high of $2. These price ends are -365.12% and -365.12% off the today’s price level respectively, although investors could be excited at the prospect of a -365.12% if the LIPO share price touches on the median price of $2.
Coming back to Lipella Pharmaceuticals Inc (NASDAQ:LIPO), we note that the average 3-month trading volume was 4.05 million, while that of the preceding 10-day period stands at 3.12 million. Current shares outstanding are 6.05 million.
The insiders hold 35.49% of the company’s shares while institutions hold 7.87%. The data shows that short shares as of 2024-09-30, stood at 0.18 million at a short ratio of 0.21. This represents a 338.00 short interest in shares outstanding on 2024-09-30. Shares short fall in September from the previous month at 0.22 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -58.15% down in year-to-date price movement.
