Seelos Therapeutics Inc. [NASDAQ: SEEL] jumped around 0.46 points on Thursday, while shares priced at $5.28 at the close of the session, up 9.54%. The company report on April 15, 2021 that Seelos Therapeutics to Participate in the B. Riley Securities’ Neuroscience Conference.
Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, announced that it will participate in the B. Riley Securities’ Neuroscience Conference, April 28-29, 2021.
Raj Mehra, Ph.D., Chairman and CEO, will present on Wednesday, April 28th at 11:00am ET.
Seelos Therapeutics Inc. stock is now 234.18% up from its year-to-date (YTD) trading value. SEEL Stock saw the intraday high of $5.45 and lowest of $4.86 per share. The company’s 52-week high price is 6.16, which means current price is +306.15% above from all time high which was touched on 04/07/21.
Compared to the average trading volume of 10.48M shares, SEEL reached a trading volume of 5076677 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Seelos Therapeutics Inc. [SEEL]?
B. Riley Securities have made an estimate for Seelos Therapeutics Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 30, 2021. While these analysts kept the previous recommendation, The Benchmark Company raised their target price to Speculative Buy. The new note on the price target was released on November 14, 2019, representing the official price target for Seelos Therapeutics Inc. stock.
The Average True Range (ATR) for Seelos Therapeutics Inc. is set at 0.61 The Price to Book ratio for the last quarter was 105.60, with the Price to Cash per share for the same quarter was set at 0.21.
How has SEEL stock performed recently?
Seelos Therapeutics Inc. [SEEL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.47. With this latest performance, SEEL shares gained by 15.28% in over the last four-week period, additionally plugging by 500.00% over the last 6 months – not to mention a rise of 1005.30% 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 SEEL stock in for the last two-week period is set at 58.50, with the RSI for the last a single of trading hit 57.45, and the three-weeks RSI is set at 59.15 for Seelos Therapeutics Inc. [SEEL]. The present Moving Average for the last 50 days of trading for this stock 3.97, while it was recorded at 5.15 for the last single week of trading, and 1.82 for the last 200 days.
Seelos Therapeutics Inc. [SEEL]: Deeper insight into the fundamentals
Return on Total Capital for SEEL is now -305.30, given the latest momentum, and Return on Invested Capital for the company is -387.52. Return on Equity for this stock declined to -1,489.36, with Return on Assets sitting at -133.62. When it comes to the capital structure of this company, Seelos Therapeutics Inc. [SEEL] has a Total Debt to Total Equity ratio set at 378.07. Additionally, SEEL Total Debt to Total Capital is recorded at 79.08, with Total Debt to Total Assets ending up at 55.58. Long-Term Debt to Equity for the company is recorded at 283.55, with the Long-Term Debt to Total Capital now at 59.31.
Reflecting on the efficiency of the workforce at the company, Seelos Therapeutics Inc. [SEEL] managed to generate an average of -$1,910,100 per employee.Seelos Therapeutics Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.40 and a Current Ratio set at 2.40.
Earnings analysis for Seelos Therapeutics Inc. [SEEL]
With the latest financial reports released by the company, Seelos Therapeutics Inc. posted -0.14/share EPS, while the average EPS was predicted by analysts to be reported at -0.22/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 36.40%. 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 SEEL.
Insider trade positions for Seelos Therapeutics Inc. [SEEL]
There are presently around $36 million, or 10.80% of SEEL stock, in the hands of institutional investors. The top three institutional holders of SEEL stocks are: VANGUARD GROUP INC with ownership of 2,799,854, which is approximately 469.67% of the company’s market cap and around 7.02% of the total institutional ownership; UNIPLAN INVESTMENT COUNSEL, INC., holding 1,927,036 shares of the stock with an approximate value of $9.29 million in SEEL stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $3.39 million in SEEL stock with ownership of nearly 18.847% of the company’s market capitalization.
Positions in Seelos Therapeutics Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 20 institutional holders increased their position in Seelos Therapeutics Inc. [NASDAQ:SEEL] by around 3,369,473 shares. Additionally, 15 investors decreased positions by around 850,289 shares, while 7 investors held positions by with 3,281,190 shares. The mentioned changes placed institutional holdings at 7,500,952 shares, according to the latest SEC report filing. SEEL stock had 10 new institutional investments in for a total of 652,416 shares, while 10 institutional investors sold positions of 650,792 shares during the same period.