Phio Pharmaceuticals Corp (PHIO) Stock: Identifying Value and Future Vision

Phio Pharmaceuticals Corp [PHIO] stock prices are up 26.24% to $2.55 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PHIO shares have gain 2.82% over the last week, with a monthly amount glided 15.91%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Phio Pharmaceuticals Corp [NASDAQ: PHIO] stock has seen the most recent analyst activity on August 05, 2020, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $4.

The stock price of Phio Pharmaceuticals Corp [PHIO] has been fluctuating between $1.53 and $10.35 over the past year. Phio Pharmaceuticals Corp [NASDAQ: PHIO] shares were valued at $2.55 at the most recent close of the market.

Analyzing the PHIO fundamentals

Gross Profit Margin for this corporation currently stands at -1.6% with Operating Profit Margin at -249.53%, Pretax Profit Margin comes in at -247.3%, and Net Profit Margin reading is -247.3%. To continue investigating profitability, this company’s Return on Assets is posted at -1.26, Equity is -1.35 and Total Capital is -1.51.

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 2.08 points at the first support level, and at 1.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.94, and for the 2nd resistance point, it is at 3.33.

Ratios To Look Out For

It’s worth pointing out that Phio Pharmaceuticals Corp [NASDAQ:PHIO]’s Current Ratio is 6.38. As well, the Quick Ratio is 6.38, while the Cash Ratio is 5.87.

Transactions by insiders

Recent insider trading involved Bitterman Robert J, President & CEO, that happened on Jun 07 ’24 when 1000.0 shares were purchased. President & CEO, Bitterman Robert J completed a deal on Jun 06 ’24 to buy 1000.0 shares. Meanwhile, President & CEO Bitterman Robert J bought 2500.0 shares on Feb 26 ’24.

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