Azitra Inc (AMEX:AZTR) price closed higher on Monday, January 13, and jumping 59.72% above its previous close.
A look at the daily price movement shows that the last close reads $0.36, with intraday deals fluctuated between $0.3646 and $0.65. Taking into account the 52-week price action we note that the stock hit a 52-week high of $68.40 and 52-week low of $0.36. The stock added 17.11% on its value in the past month.
Azitra Inc, which has a market valuation of $4.39 million, is expected to release its quarterly earnings report in February.
The average estimate suggests sales growth for the quarter will likely fall by -100.00% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of 8k for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow -98.83% below that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give AZTR a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that AZTR’s price is at present 33.01% off the SMA20 and 23.14% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 63.90, with weekly volatility standing at 24.24%. The indicator jumps to 12.39% when calculated based on the past 30 days. Azitra Inc (AMEX:AZTR)’s beta value is holding at -1.25, while the average true range (ATR) indicator is currently reading 0.05.
An analysis of the Azitra Inc (AMEX:AZTR) stock in terms of its daily trading volume indicates that the 3-month average is 232.32K. However, this figure increases on the past 10-day timeline to an average of 0.48 million.
Current records show that the company has 7.63M in outstanding shares. The insiders’ percentage holdings are 1.87% of outstanding shares while the percentage share held by institutions stands at 2.07%. The stats also highlight that short interest as of 2024-12-13, stood at 0.26 million shares, which puts the short ratio at the time at 2.01. From this we can glean that short interest is 368.00 of company’s current outstanding shares. Notably, we see that shares short in December fall slightly given the previous month’s figure stood at 0.27 million. But the 35.14% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
