A new trading day began on Tuesday, with Aquestive Therapeutics Inc (NASDAQ: AQST) stock price down -7.51% from the previous day of trading, before settling in for the closing price of $4.53. AQST’s price has ranged from $1.25 to $6.23 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -4.81%. Meanwhile, its annual earnings per share averaged -231.87%. With a float of $79.36 million, this company’s outstanding shares have now reached $91.06 million.
The extent of productivity of a business whose workforce counts for 135 workers is very important to gauge. In terms of profitability, gross margin is 68.49%, operating margin of -26.03%, and the pretax margin is -44.14%.
Aquestive Therapeutics Inc (AQST) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Aquestive Therapeutics Inc is 12.84%, while institutional ownership is 40.13%. The most recent insider transaction that took place on Mar 15 ’24, was worth 300,000. In this transaction Chief Innovation/Tech Officer of this company sold 50,000 shares at a rate of $6.00, taking the stock ownership to the 984,476 shares. Before that another transaction happened on Mar 08 ’24, when Company’s Chief Innovation/Tech Officer sold 25,000 for $5.19, making the entire transaction worth $129,685. This insider now owns 1,040,371 shares in total.
Aquestive Therapeutics Inc (AQST) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.03 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -231.87% per share during the next fiscal year.
Aquestive Therapeutics Inc (NASDAQ: AQST) Trading Performance Indicators
Here are Aquestive Therapeutics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.49 in one year’s time.
Technical Analysis of Aquestive Therapeutics Inc (AQST)
The latest stats from [Aquestive Therapeutics Inc, AQST] show that its last 5-days average volume of 0.89 million was inferior to 1.87 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.76%. Additionally, its Average True Range was 0.30.
During the past 100 days, Aquestive Therapeutics Inc’s (AQST) raw stochastic average was set at 79.27%, which indicates a significant increase from 46.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.96% in the past 14 days, which was lower than the 77.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.41, while its 200-day Moving Average is $3.17. Now, the first resistance to watch is $4.46. This is followed by the second major resistance level at $4.73. The third major resistance level sits at $4.88. If the price goes on to break the first support level at $4.04, it is likely to go to the next support level at $3.89. Assuming the price breaks the second support level, the third support level stands at $3.62.
Aquestive Therapeutics Inc (NASDAQ: AQST) Key Stats
With a market capitalization of 381.54 million, the company has a total of 91,039K Shares Outstanding. Currently, annual sales are 50,580 K while annual income is -7,870 K. The company’s previous quarter sales were 20,100 K while its latest quarter income was -2,750 K.
