How did Aadi Bioscience Inc (AADI) surprise investors with its report?

At the time of writing, Aadi Bioscience Inc [AADI] stock is trading at $1.68, down -4.00%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AADI shares have gain 3.70% over the last week, with a monthly amount glided 5.66%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Aadi Bioscience Inc [NASDAQ: AADI] stock has seen the most recent analyst activity on August 27, 2024, when Piper Sandler downgraded its rating to a Neutral and also revised its price target to $1.75 from $5. Previously, TD Cowen downgraded its rating to Hold on August 21, 2024. On August 21, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $1.50 on the stock. H.C. Wainwright downgraded its rating to a Neutral. Jefferies initiated its recommendation with a Buy and recommended $45 as its price target on January 11, 2022. In a note dated September 14, 2021, Ladenburg Thalmann initiated an Buy rating and provided a target price of $51 on this stock.

For the past year, the stock price of Aadi Bioscience Inc fluctuated between $1.21 and $7.15. Currently, Wall Street analysts expect the stock to reach $1.63 within the next 12 months. Aadi Bioscience Inc [NASDAQ: AADI] shares were valued at $1.68 at the most recent close of the market. An investor can expect a potential drop of -2.98% based on the average AADI price forecast.

Analyzing the AADI fundamentals

According to Aadi Bioscience Inc [NASDAQ:AADI], the company’s sales were 23.82M for trailing twelve months, which represents an -0.37% plunge. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at -2.97%, Pretax Profit Margin comes in at -2.75%, and Net Profit Margin reading is -2.75%. To continue investigating profitability, this company’s Return on Assets is posted at -0.64, Equity is -0.67 and Total Capital is -0.89. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.6170 points at the first support level, and at 1.5539 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7261, and for the 2nd resistance point, it is at 1.7721.

Ratios To Look Out For

It is important to note that Aadi Bioscience Inc [NASDAQ:AADI] has a current ratio of 4.20. As well, the Quick Ratio is 3.92, while the Cash Ratio is 1.86. Considering the valuation of this stock, the price to sales ratio is 1.74, the price to book ratio is 0.46.

Transactions by insiders

Recent insider trading involved Desai Neil, EXECUTIVE CHAIRMAN, that happened on Aug 02 ’24 when 18933.0 shares were sold. EXECUTIVE CHAIRMAN, Desai Neil completed a deal on Aug 01 ’24 to sell 15415.0 shares. Meanwhile, EXECUTIVE CHAIRMAN Desai Neil sold 5652.0 shares on Aug 05 ’24.

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