Investing In Purple Biotech Ltd ADR (NASDAQ: PPBT) Does Not Require High Risk Tolerance

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During the recent session, Purple Biotech Ltd ADR (NASDAQ:PPBT)’s traded shares were 6.27 million, with the beta value of the company hitting 1.03. At the last check today, the stock’s price was $0.42, reflecting an intraday loss of -12.25% or -$0.06. The 52-week high for the PPBT share is $1.80, that puts it down -328.57 from that peak though still a striking 28.57% gain since the share price plummeted to a 52-week low of $0.30. The company’s market capitalization is $11.63M, and the average trade volume was 189.46K shares over the past three months.

Purple Biotech Ltd ADR (NASDAQ:PPBT) trade information

Purple Biotech Ltd ADR (PPBT) registered a -12.25% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -12.25% in intraday trading to $0.42, hitting a weekly high. The stock’s 5-day price performance is -13.55%, and it has moved by -46.34% in 30 days. Based on these gigs, the overall price performance for the year is -69.70%.

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Purple Biotech Ltd ADR (PPBT) estimates and forecasts

Statistics show that Purple Biotech Ltd ADR has outperformed its competitors in share price, compared to the industry in which it operates. Purple Biotech Ltd ADR (PPBT) shares have gone down -53.15% during the last six months, with a year-to-date growth rate more than the industry average at 48.00% against 15.50.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 26.09%. While earnings are projected to return 46.67% in 2024.

PPBT Dividends

Purple Biotech Ltd ADR is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.