A new trading day began on Tuesday, with Indaptus Therapeutics Inc (NASDAQ: INDP) stock price up 15.67% from the previous day of trading, before settling in for the closing price of $3.19. INDP’s price has ranged from $2.22 to $58.24 over the past 52 weeks.
Healthcare Sector giant saw their annual sales surged by 57.27% over the last five years. Meanwhile, its annual earnings per share averaged 50.60%. With a float of $1.00 million, this company’s outstanding shares have now reached $1.11 million.
Indaptus Therapeutics Inc (INDP) Insider Activity
As we move forward, let’s examine how large-scale investors are investing 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) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -8.96 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 -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
Here are Indaptus Therapeutics Inc’s current performance indicators. According to the last quarter’s results, the 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)
Analysing the last 5-days average volume posted by the [Indaptus Therapeutics Inc, INDP], we can find that recorded value of 1.54 million was better than the volume posted last year of 0.24 million. As of the previous 9 days, the stock’s Stochastic %D was 10.32%.
During the past 100 days, Indaptus Therapeutics Inc’s (INDP) raw stochastic average was set at 8.31%, which indicates a significant decrease from 22.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.00 in the past 14 days, which was lower than the 1.04 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.27, while its 200-day Moving Average is $14.04. Now, the first resistance to watch is $4.93. This is followed by the second major resistance level at $6.18. The third major resistance level sits at $7.21. If the price goes on to break the first support level at $2.65, it is likely to go to the next support level at $1.62. Should the price break the second support level, the third support level stands at $0.37.
Indaptus Therapeutics Inc (NASDAQ: INDP) Key Stats
With a market capitalization of 4.08 million, the company has a total of 1,107K Shares Outstanding. Currently, annual sales are 0 K while annual income is -15,020 K. The company’s previous quarter sales were 0 K while its latest quarter income was -5,230 K.
