Alterity Therapeutics Limited (NASDAQ:ATHE) has a beta value of 0.43 and has seen 36,837,839 shares traded in the recent trading session. The company, currently valued at $19.52 Million, closed the recent trade at $1.25 per share which meant it gained $0.66 on the day or 112.82% during that session. The ATHE stock price is -30.4% off its 52-week high price of $1.63 and 77.6% above the 52-week low of $0.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 89.08 Million shares traded. The 3-month trading volume is 353.69 Million shares.
Alterity Therapeutics Limited (NASDAQ:ATHE) trade information
Sporting 117.09% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 30 when the ATHE stock price touched $1.63 or saw a rise of 26.07%. Year-to-date, Alterity Therapeutics Limited shares have moved 54.49%, while the 5-day performance has seen it change 100.83%. Over the past 30 days, the shares of Alterity Therapeutics Limited (NASDAQ:ATHE) have changed 107.76%. Short interest in the company has seen 11.5 Million shares shorted with days to cover at 0.03.
Alterity Therapeutics Limited (ATHE) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +8.4% over the past 5 years. Earnings growth for 2020 is a modest -29.3% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Alterity Therapeutics Limited (NASDAQ:ATHE)’s Major holders
Insiders own 0% of the company shares, while shares held by institutions stand at 1.96% with a share float percentage of 1.96%. Investors are also buoyed by the number of investors in a company, with Alterity Therapeutics Limited having a total of 9 institutions that hold shares in the company. The top two institutional holders are Morgan Stanley with over 283.1 Thousand shares worth more than $169.86 Thousand. As of March 30, 2020, Morgan Stanley held 1.64% of shares outstanding.
The other major institutional holder is Geode Capital Management, LLC, with the holding of over 12.13 Thousand shares as of March 30, 2020. The firm’s total holdings are worth over $7.28 Thousand and represent 0.07% of shares outstanding.