Salarius Pharmaceuticals Inc [NASDAQ: SLRX] jumped around 0.23 points on Tuesday, while shares priced at $1.52 at the close of the session, up 17.83%.
Compared to the average trading volume of 2.32M shares, SLRX reached a trading volume of 7426061 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Salarius Pharmaceuticals Inc [SLRX]?
Ladenburg Thalmann have made an estimate for Salarius Pharmaceuticals Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 27, 2020.
The Average True Range (ATR) for Salarius Pharmaceuticals Inc is set at 0.22 The Price to Book ratio for the last quarter was 0.41, with the Price to Cash per share for the same quarter was set at 2.27.
How has SLRX stock performed recently?
Salarius Pharmaceuticals Inc [SLRX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.29. With this latest performance, SLRX shares dropped by -7.32% in over the last four-week period, additionally sinking by -62.00% over the last 6 months – not to mention a drop of -72.46% 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 SLRX stock in for the last two-week period is set at 49.22, with the RSI for the last a single of trading hit 53.62, and the three-weeks RSI is set at 46.84 for Salarius Pharmaceuticals Inc [SLRX]. The present Moving Average for the last 50 days of trading for this stock 1.6753, while it was recorded at 1.4260 for the last single week of trading, and 3.3529 for the last 200 days.
Salarius Pharmaceuticals Inc [SLRX]: Deeper insight into the fundamentals
Salarius Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.98 and a Current Ratio set at 2.98.
Insider trade positions for Salarius Pharmaceuticals Inc [SLRX]
There are presently around $1.81%, or 1.86%% of SLRX stock, in the hands of institutional investors.
