Iterum Therapeutics plc [NASDAQ: ITRM] jumped around 0.06 points on Monday, while shares priced at $1.61 at the close of the session, up 3.87%. The company report on March 12, 2021 that Iterum Therapeutics Reports Fourth Quarter and Full Year 2020 Financial Results.
–NDA for Oral Sulopenem has PDUFA date of July 25, 2021– –Cash Runway into First Half of 2023—.
–Company to host conference call at 8:30amET–.
Iterum Therapeutics plc stock is now 62.79% up from its year-to-date (YTD) trading value. ITRM Stock saw the intraday high of $1.66 and lowest of $1.58 per share. The company’s 52-week high price is 6.02, which means current price is +69.38% above from all time high which was touched on 02/11/21.
Compared to the average trading volume of 24.45M shares, ITRM reached a trading volume of 15745452 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Iterum Therapeutics plc [ITRM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ITRM shares is $1.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ITRM stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Iterum Therapeutics plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 15, 2021. While these analysts kept the previous recommendation, RBC Capital Mkts dropped their target price from $7 to $2. The new note on the price target was released on June 02, 2020, representing the official price target for Iterum Therapeutics plc stock.
The Average True Range (ATR) for Iterum Therapeutics plc is set at 0.28
How has ITRM stock performed recently?
Iterum Therapeutics plc [ITRM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.52. With this latest performance, ITRM shares dropped by -31.49% in over the last four-week period, additionally plugging by 168.33% over the last 6 months – not to mention a drop of -16.15% 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 ITRM stock in for the last two-week period is set at 49.33, with the RSI for the last a single of trading hit 49.61, and the three-weeks RSI is set at 50.37 for Iterum Therapeutics plc [ITRM]. The present Moving Average for the last 50 days of trading for this stock 1.5890, while it was recorded at 1.5160 for the last single week of trading, and 1.1165 for the last 200 days.
Iterum Therapeutics plc [ITRM]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Iterum Therapeutics plc [ITRM] shares currently have an operating margin of -275732.43. Iterum Therapeutics plc’s Net Margin is presently recorded at -278729.73.
Return on Total Capital for ITRM is now -254.31, given the latest momentum, and Return on Invested Capital for the company is -283.18. Return on Equity for this stock declined to -454.48, with Return on Assets sitting at -166.85.
Reflecting on the efficiency of the workforce at the company, Iterum Therapeutics plc [ITRM] managed to generate an average of -$2,343,864 per employee. Receivables Turnover for the company is 0.04 with a Total Asset Turnover recorded at a value of 0.00.Iterum Therapeutics plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.50.
Earnings analysis for Iterum Therapeutics plc [ITRM]
With the latest financial reports released by the company, Iterum Therapeutics plc posted -1.08/share EPS, while the average EPS was predicted by analysts to be reported at -1.34/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 19.40%. 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 ITRM.
Insider trade positions for Iterum Therapeutics plc [ITRM]
There are presently around $11 million, or 12.10% of ITRM stock, in the hands of institutional investors. The top three institutional holders of ITRM stocks are: CANAAN PARTNERS X LLC with ownership of 1,733,170, which is approximately 0% of the company’s market cap and around 0.40% of the total institutional ownership; FRAZIER MANAGEMENT LLC, holding 1,538,316 shares of the stock with an approximate value of $2.48 million in ITRM stocks shares; and NEW LEAF VENTURE PARTNERS, L.L.C., currently with $2.35 million in ITRM stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Iterum Therapeutics plc stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 13 institutional holders increased their position in Iterum Therapeutics plc [NASDAQ:ITRM] by around 2,154,948 shares. Additionally, 5 investors decreased positions by around 146,007 shares, while 6 investors held positions by with 4,682,869 shares. The mentioned changes placed institutional holdings at 6,983,824 shares, according to the latest SEC report filing. ITRM stock had 12 new institutional investments in for a total of 2,005,968 shares, while 5 institutional investors sold positions of 146,007 shares during the same period.