This trade activity should not be overlooked: Phio Pharmaceuticals Corp (PHIO)

With 2.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.72 million shares. The 52-week range on PHIO shows that it touched its highest point at $12.27 and its lowest point at $0.50 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 1.49.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PHIO was down-trending over the past week, with a drop of -5.95%, but this was up by 56.62% over a month. Three-month performance dropped to -17.76% while six-month performance fell -60.30%. The stock lost -84.82% in the past year, while it has gained 20.66% so far this year. A look at the trailing 12-month EPS for PHIO yields -8.17 with Next year EPS estimates of -3.56. For the next quarter, that number is -1.30. This implies an EPS growth rate of 38.02% for this year and 43.13% for next year.

Float and Shares Shorts:

At present, 2.44 million PHIO shares are outstanding with a float of 2.40 million shares on hand for trading. On Feb 15, 2024, short shares totaled 65710.0, which was 1.44% higher than short shares on Jan 12, 2024. In addition to Mr. Robert J. Bitterman as the firm’s President, CEO & Chairman, Ms. Caitlin Kontulis serves as its VP of Finance & Administration and Secretary.

Institutional Ownership:

Through their ownership of 20.75% of PHIO’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PHIO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, PHIO has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and PHIO currently yields $0.00. In the past year, PHIO’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, PHIO has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.