Auris Medical Holding Ltd. [NASDAQ: EARS] stock went on an upward path that rose over 16.55% on Friday, amounting to a one-week price decrease of less than -5.51%. The company report on May 7, 2021 that Auris Medical Provides Update on Bentrio Program in Allergy.
BentrioTM meets primary efficacy endpoint in clinical evaluation in allergic rhinitis.
Clinically relevant and significant reduction in nasal symptoms.
Over the last 12 months, EARS stock rose by 231.19%.
The market cap for the stock reached $42.82 million, with 12.87 million shares outstanding and 12.20 million shares in the current float. Compared to the average trading volume of 4.83M shares, EARS stock reached a trading volume of 38756337 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Auris Medical Holding Ltd. [EARS]:
Euro Pacific Capital have made an estimate for Auris Medical Holding Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 08, 2018. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on April 13, 2017, representing the official price target for Auris Medical Holding Ltd. stock. Previously, the target price had yet another drop from $11 to $5, while Needham kept a Buy rating on EARS stock.
The Average True Range (ATR) for Auris Medical Holding Ltd. is set at 0.45, with the Price to Sales ratio for EARS stock in the period of the last 12 months amounting to 245.40. The Price to Book ratio for the last quarter was 1.35, with the Price to Cash per share for the same quarter was set at 0.97.
EARS Stock Performance Analysis:
Auris Medical Holding Ltd. [EARS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.51. With this latest performance, EARS shares dropped by -14.01% in over the last four-week period, additionally plugging by 302.87% over the last 6 months – not to mention a rise of 231.19% 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 EARS stock in for the last two-week period is set at 49.23, with the RSI for the last a single of trading hit 51.10, and the three-weeks RSI is set at 49.18 for Auris Medical Holding Ltd. [EARS]. The present Moving Average for the last 50 days of trading for this stock 3.55, while it was recorded at 3.14 for the last single week of trading, and 2.21 for the last 200 days.
Insight into Auris Medical Holding Ltd. Fundamentals:
Return on Total Capital for EARS is now -45.08, given the latest momentum, and Return on Invested Capital for the company is -69.32. Return on Equity for this stock declined to -69.32, with Return on Assets sitting at -52.86. When it comes to the capital structure of this company, Auris Medical Holding Ltd. [EARS] has a Total Debt to Total Equity ratio set at 3.12. Additionally, EARS Total Debt to Total Capital is recorded at 3.03, with Total Debt to Total Assets ending up at 2.52.
Reflecting on the efficiency of the workforce at the company, Auris Medical Holding Ltd. [EARS] managed to generate an average of -$970,718 per employee.Auris Medical Holding Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.80 and a Current Ratio set at 3.80.
Auris Medical Holding Ltd. [EARS] Insider Position Details
There are presently around $1 million, or 1.60% of EARS stock, in the hands of institutional investors. The top three institutional holders of EARS stocks are: VIRTU FINANCIAL LLC with ownership of 63,920, which is approximately New of the company’s market cap and around 4.43% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 63,020 shares of the stock with an approximate value of $0.18 million in EARS stocks shares; and SIMPLEX TRADING, LLC, currently with $63000.0 in EARS stock with ownership of nearly New of the company’s market capitalization.
Positions in Auris Medical Holding Ltd. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 10 institutional holders increased their position in Auris Medical Holding Ltd. [NASDAQ:EARS] by around 198,376 shares. Additionally, 4 investors decreased positions by around 36,941 shares, while 1 investors held positions by with 13,577 shares. The mentioned changes placed institutional holdings at 221,740 shares, according to the latest SEC report filing. EARS stock had 7 new institutional investments in for a total of 189,323 shares, while 3 institutional investors sold positions of 36,865 shares during the same period.