Timber Pharmaceuticals Inc. [TMBR] Stock trading around $2.29 per share: What’s Next?

Timber Pharmaceuticals Inc. [AMEX: TMBR] stock went on an upward path that rose over 27.22% on Monday, amounting to a one-week price increase of more than 21.81%. The company report on January 26, 2021 that Timber Pharmaceuticals Appoints Alan Mendelsohn, M.D., as Chief Medical Officer.

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Dr. Mendelsohn has 20+ Years’ Experience in Clinical Development and Medical Affairs.

Over the last 12 months, TMBR stock dropped by -47.63%. The average equity rating for TMBR stock is currently 3.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $29.63 million, with 18.89 million shares outstanding and 6.60 million shares in the current float. Compared to the average trading volume of 7.13M shares, TMBR stock reached a trading volume of 7281060 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Timber Pharmaceuticals Inc. [TMBR]:

The Average True Range (ATR) for Timber Pharmaceuticals Inc. is set at 0.40, with the Price to Sales ratio for TMBR stock in the period of the last 12 months amounting to 74.08.

TMBR Stock Performance Analysis:

Timber Pharmaceuticals Inc. [TMBR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.81. With this latest performance, TMBR shares gained by 80.31% in over the last four-week period, additionally plugging by 90.83% over the last 6 months – not to mention a drop of -47.63% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TMBR stock in for the last two-week period is set at 58.92, with the RSI for the last a single of trading hit 58.60, and the three-weeks RSI is set at 59.19 for Timber Pharmaceuticals Inc. [TMBR]. The present Moving Average for the last 50 days of trading for this stock 1.33, while it was recorded at 1.95 for the last single week of trading, and 1.62 for the last 200 days.

Insight into Timber Pharmaceuticals Inc. Fundamentals:

Timber Pharmaceuticals Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

TMBR Stock EPS

With the latest financial reports released by the company, Timber Pharmaceuticals Inc. posted -2.64/share EPS, while the average EPS was predicted by analysts to be reported at -4.02/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 34.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TMBR.

Timber Pharmaceuticals Inc. [TMBR] Insider Position Details

There are presently around $0 million, or 20.20% of TMBR stock, in the hands of institutional investors. The top three institutional holders of TMBR stocks are: BRIDGEWAY CAPITAL MANAGEMENT, LLC with ownership of 158,300, which is approximately 0% of the company’s market cap and around 45.20% of the total institutional ownership; TWO SIGMA SECURITIES, LLC, holding 17,578 shares of the stock with an approximate value of $40000.0 in TMBR stocks shares; and UBS GROUP AG, currently with $30000.0 in TMBR stock with ownership of nearly 258.409% of the company’s market capitalization.

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7 institutional holders increased their position in Timber Pharmaceuticals Inc. [AMEX:TMBR] by around 30,195 shares. Additionally, 3 investors decreased positions by around 26,592 shares, while 3 investors held positions by with 135,391 shares. The mentioned changes placed institutional holdings at 192,178 shares, according to the latest SEC report filing. TMBR stock had 5 new institutional investments in for a total of 17,838 shares, while 3 institutional investors sold positions of 26,592 shares during the same period.

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