Timber Pharmaceuticals Inc. (NYSE:TMBR) has a beta value of 0.29 and has seen 1,058,804 shares traded in the last trading session. The company, currently valued at $54.62 Million, closed the last trade at $1.49 per share which meant it lost -$0.09 on the day or -5.7% during that session. The TMBR stock price is -600.67% off its 52-week high price of $10.44 and 55.37% above the 52-week low of $0.665. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.35 Million shares traded. The 3-month trading volume is 10.85 Million shares.
The consensus among analysts is that Timber Pharmaceuticals Inc. (TMBR) is a Hold stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
Timber Pharmaceuticals Inc. (NYSE:TMBR) trade information
Despite being -5.7% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the TMBR stock price touched $1.67 or saw a rise of 10.78%. Year-to-date, Timber Pharmaceuticals Inc. shares have moved 100.54%, while the 5-day performance has seen it change -8.02%. Over the past 30 days, the shares of Timber Pharmaceuticals Inc. (NYSE:TMBR) have changed -33.78%. Short interest in the company has seen 3.98 Million shares shorted with days to cover at 0.37.
Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 705.37% from current levels. The projected low price target is $12 while the price target rests at a high of $12. In that case, then, we find that the current price level is +705.37% off the targeted high while a plunge would see the stock lose 705.37% from current levels.
Timber Pharmaceuticals Inc. (TMBR) 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 +67.5% over the past 5 years. Earnings growth for 2021 is a modest +89.2%.
Timber Pharmaceuticals Inc. (NYSE:TMBR)’s Major holders
Insiders own 15.33% of the company shares, while shares held by institutions stand at 3.4% with a share float percentage of 4.01%. Investors are also buoyed by the number of investors in a company, with Timber Pharmaceuticals Inc. having a total of 12 institutions that hold shares in the company. The top two institutional holders are Bridgeway Capital Management Inc. with over 158.3 Thousand shares worth more than $117.62 Thousand. As of December 30, 2020, Bridgeway Capital Management Inc. held 0.43% of shares outstanding.
The other major institutional holder is Two Sigma Securities, LLC, with the holding of over 17.58 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $13.06 Thousand and represent 0.05% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Bridgeway Funds Inc-Ultra Small Company Fund and Bridgeway Funds Inc-Ultra Small Company Market Fund. As of December 30, 2020, the former fund manager holds about 0.29% shares in the company for having 107800 shares of worth $80.1 Thousand while later fund manager owns 44.1 Thousand shares of worth $32.77 Thousand as of December 30, 2020, which makes it owner of about 0.12% of company’s outstanding stock.