Lipella Pharmaceuticals Inc [NASDAQ: LIPO] gained 41.64% on the last trading session, reaching $4.32 price per share at the time.
If compared to the average trading volume of 1.57M shares, LIPO reached a trading volume of 39820258 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Lipella Pharmaceuticals Inc [LIPO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LIPO shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LIPO 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 Lipella Pharmaceuticals Inc is set at 0.67, with the Price to Sales ratio for LIPO stock in the period of the last 12 months amounting to 10.89. The Price to Book ratio for the last quarter was 3.23, with the Price to Cash per share for the same quarter was set at 1.12.
Trading performance analysis for LIPO stock
Lipella Pharmaceuticals Inc [LIPO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 69.41. With this latest performance, LIPO shares gained by 48.97% in over the last four-week period, additionally plugging by 13.88% over the last 6 months – not to mention a drop of -46.00% 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 LIPO stock in for the last two-week period is set at 62.81, with the RSI for the last a single of trading hit 64.93, and the three-weeks RSI is set at 60.90 for Lipella Pharmaceuticals Inc [LIPO]. The present Moving Average for the last 50 days of trading for this stock 2.98, while it was recorded at 3.53 for the last single week of trading, and 3.81 for the last 200 days.
Lipella Pharmaceuticals Inc [LIPO]: A deeper dive into fundamental analysis
Lipella Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.97 and a Current Ratio set at 2.97.
An analysis of Institutional ownership at Lipella Pharmaceuticals Inc [LIPO]
There are presently around $0.88%, or 1.24%% of LIPO stock, in the hands of institutional investors.
