Palisade Bio Inc [NASDAQ: PALI] stock went on a downward path that fall over -11.84% on Wednesday, amounting to a one-week price increase of more than 21.82%.
Over the last 12 months, PALI stock dropped by -74.84%. The one-year Palisade Bio Inc stock forecast points to a potential upside of 91.26. The average equity rating for PALI stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $5.56 million, with 2.77 million shares outstanding and 2.72 million shares in the current float. Compared to the average trading volume of 1.30M shares, PALI stock reached a trading volume of 383342 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Palisade Bio Inc [PALI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PALI shares is $23.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PALI stock is a recommendation set at 1.00. 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.
The Average True Range (ATR) for Palisade Bio Inc is set at 0.32 The Price to Book ratio for the last quarter was 0.36, with the Price to Cash per share for the same quarter was set at 2.91.
PALI Stock Performance Analysis:
Palisade Bio Inc [PALI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.82. With this latest performance, PALI shares gained by 13.56% in over the last four-week period, additionally sinking by -55.03% over the last 6 months – not to mention a drop of -74.84% 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 PALI stock in for the last two-week period is set at 50.27, with the RSI for the last a single of trading hit 53.41, and the three-weeks RSI is set at 47.68 for Palisade Bio Inc [PALI]. The present Moving Average for the last 50 days of trading for this stock 2.23, while it was recorded at 2.05 for the last single week of trading, and 3.96 for the last 200 days.
Insight into Palisade Bio Inc Fundamentals:
Palisade Bio Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.28 and a Current Ratio set at 3.28.
Palisade Bio Inc [PALI] Institutonal Ownership Details
There are presently around $3.58%, or 3.65%% of PALI stock, in the hands of institutional investors.
