A new trading day began on Tuesday, with NRX Pharmaceuticals Inc (NASDAQ: NRXP) stock price up 9.55% from the previous day of trading, before settling in for the closing price of $3.35. NRXP’s price has ranged from $1.10 to $6.01 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 84.75%. With a float of $20.88 million, this company’s outstanding shares have now reached $23.77 million.
NRX Pharmaceuticals Inc (NRXP) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of NRX Pharmaceuticals Inc is 12.16%, while institutional ownership is 25.22%. The most recent insider transaction that took place on Dec 17 ’24, was worth 46,800. In this transaction Chairman and Chief Scientist of this company bought 40,000 shares at a rate of $1.17, taking the stock ownership to the 84,634 shares.
NRX Pharmaceuticals Inc (NRXP) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.15 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 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 84.75% per share during the next fiscal year.
NRX Pharmaceuticals Inc (NASDAQ: NRXP) Trading Performance Indicators
Here are NRX Pharmaceuticals Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.11. For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.24, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.97 in one year’s time.
Technical Analysis of NRX Pharmaceuticals Inc (NRXP)
Looking closely at NRX Pharmaceuticals Inc (NASDAQ: NRXP), its last 5-days average volume was 0.42 million, which is a drop from its year-to-date volume of 0.5 million. As of the previous 9 days, the stock’s Stochastic %D was 77.28%.
During the past 100 days, NRX Pharmaceuticals Inc’s (NRXP) raw stochastic average was set at 89.88%, which indicates a significant increase from 83.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.21 in the past 14 days, which was lower than the 0.22 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.81, while its 200-day Moving Average is $2.69. However, in the short run, NRX Pharmaceuticals Inc’s stock first resistance to watch stands at $3.90. Second resistance stands at $4.13. The third major resistance level sits at $4.42. If the price goes on to break the first support level at $3.38, it is likely to go to the next support level at $3.09. Now, if the price goes above the second support level, the third support stands at $2.86.
NRX Pharmaceuticals Inc (NASDAQ: NRXP) Key Stats
With a market capitalization of 87.24 million, the company has a total of 19,810K Shares Outstanding. Currently, annual sales are 0 K while annual income is -25,130 K. The company’s previous quarter sales were 0 K while its latest quarter income was -17,580 K.
