As on Thursday, Fortress Biotech Inc (NASDAQ: FBIO) got off with the flyer as it spiked 4.69% to $2.12, before settling in for the price of $2.03 at the close. Taking a more long-term approach, FBIO posted a 52-week range of $1.36-$3.07.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 24.26% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 22.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 58.60%. This publicly-traded company’s shares outstanding now amounts to $27.58 million, simultaneously with a float of $20.93 million. The organization now has a market capitalization sitting at $58.52 million. At the time of writing, stock’s 50-day Moving Average stood at $1.87, while the 200-day Moving Average is $1.85.
Fortress Biotech Inc (FBIO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Fortress Biotech Inc’s current insider ownership accounts for 24.17%, in contrast to 16.11% institutional ownership. According to the most recent insider trade that took place on Sep 23 ’24, this organization’s PRESIDENT, CEO & CHAIRMAN bought 763,359 shares at the rate of 1.84, making the entire transaction reach 1,404,581 in total value, affecting insider ownership by 3,657,264. Preceding that transaction, on Jul 11 ’24, Company’s President, CEO & Chairman bought 5,000 for 7.48, making the whole transaction’s value amount to 37,418. This particular insider is now the holder of 127,500 in total.
Fortress Biotech Inc (FBIO) Earnings and Revenue Records
Fortress Biotech Inc’s EPS increase for this current 12-month fiscal period is 58.60% and is forecasted to reach -1.48 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 25.50% through the next 5 years, which can be compared against the 22.28% growth it accomplished over the previous five years trading on the market.
Fortress Biotech Inc (NASDAQ: FBIO) Trading Performance Indicators
Let’s observe the current performance indicators for Fortress Biotech Inc (FBIO). It’s Quick Ratio in the last reported quarter now stands at 1.06. The Stock has managed to achieve an average true range (ATR) of 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.94.
In the same vein, FBIO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.27, a figure that is expected to reach -0.75 in the next quarter, and analysts are predicting that it will be -1.48 at the market close of one year from today.
Technical Analysis of Fortress Biotech Inc (FBIO)
During the previous 9 days, stock’s Stochastic %D was recorded 54.04% While, its Average True Range was 0.21.
Raw Stochastic average of Fortress Biotech Inc (FBIO) in the period of the previous 100 days is set at 76.12%, which indicates a major rise in contrast to 63.64% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 100.62% that was higher than 80.08% volatility it exhibited in the past 100-days period.
