Indaptus Therapeutics Inc (INDP) posted a 25.54% change over the last five days signaling a new trend

Sana Meer

Indaptus Therapeutics Inc (NASDAQ: INDP) kicked off on Friday, up 6.40% from the previous trading day, before settling in for the closing price of $3.28. Over the past 52 weeks, INDP has traded in a range of $2.22-$58.24.

During the last 5-year period, the sales growth of Healthcare Sector giant was 57.27%. While this was happening, its average annual earnings per share was recorded 50.60%. With a float of $1.00 million, this company’s outstanding shares have now reached $1.11 million.

Indaptus Therapeutics Inc (INDP) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Indaptus Therapeutics Inc is 9.46%, while institutional ownership is 4.58%.

Indaptus Therapeutics Inc (INDP) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -8.96 earnings per share (EPS), higher than consensus estimate (set at -13.16) by 4.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of -4.32 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 50.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.36% during the next five years compared to 57.27% growth over the previous five years of trading.

Indaptus Therapeutics Inc (NASDAQ: INDP) Trading Performance Indicators

Take a look at Indaptus Therapeutics Inc’s (INDP) current performance indicators. Last quarter, stock had a quick ratio of 0.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -37.56, a number that is poised to hit -4.17 in the next quarter and is forecasted to reach -13.56 in one year’s time.

Technical Analysis of Indaptus Therapeutics Inc (INDP)

Looking closely at Indaptus Therapeutics Inc (NASDAQ: INDP), its last 5-days average volume was 3.2 million, which is a jump from its year-to-date volume of 0.2 million. As of the previous 9 days, the stock’s Stochastic %D was 60.71%.

During the past 100 days, Indaptus Therapeutics Inc’s (INDP) raw stochastic average was set at 7.18%, which indicates a significant decrease from 20.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.71 in the past 14 days, which was lower than the 1.08 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.29, while its 200-day Moving Average is $14.88. However, in the short run, Indaptus Therapeutics Inc’s stock first resistance to watch stands at $6.96. Second resistance stands at $10.42. The third major resistance level sits at $12.28.

Indaptus Therapeutics Inc (NASDAQ: INDP) Key Stats

The company with the Market Capitalisation of 3.86 million has total of 1,107K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -15,020 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -5,230 K.

2 thoughts on “Indaptus Therapeutics Inc (INDP) posted a 25.54% change over the last five days signaling a new trend”

Leave a Comment

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.