Atossa Therapeutics Inc (NASDAQ:ATOS) price on Friday, November 15, fall -6.57% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.28.
A look at the stock’s price movement, the close in the last trading session was $1.37, moving within a range at $1.28 and $1.4. The beta value (5-Year monthly) was 1.232. Turning to its 52-week performance, $2.31 and $0.63 were the 52-week high and 52-week low respectively. Overall, ATOS moved -11.72% over the past month.
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Atossa Therapeutics Inc’s market cap currently stands at around $161.03 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-12.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ATOS is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend ATOS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ATOS’s current price about -10.99% and -11.28% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.46, while 7-day volatility ratio is 9.57% and 5.18% in the 30-day chart. Further, Atossa Therapeutics Inc (ATOS) has a beta value of 1.24, and an average true range (ATR) of 0.08. Analysts have given the company’s stock an average 52-week price target of $5, forecast between a low of $5 and high of $5. Looking at the price targets, the low is -290.62% off current price level while to achieve the yearly target high, price needs to move -290.62%. Nonetheless, investors will most likely welcome a -290.62% jump to $5 which is the analysts’ median price.
If we refocus on Atossa Therapeutics Inc (NASDAQ:ATOS), historical trading data shows that trading volumes averaged 0.82 over the past 10 days and 554.34K over the past 3 months. The company’s latest data on shares outstanding shows there are 125.80 million shares.
The 0.04% of Atossa Therapeutics Inc’s shares are in the hands of company insiders while institutional holders own 21.88% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.77 million on 2024-10-31, giving us a short ratio of 30.34. The data shows that as of 2024-10-31 short interest in Atossa Therapeutics Inc (ATOS) stood at 1015.0 of shares outstanding, with shares short falling to 12.93 million registered in 2024-09-30. Current price change has pushed the stock 45.45% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ATOS stock continues to rise going into the next quarter.
