Bio-Path Holdings Inc (NASDAQ: BPTH) Stock: More Upside Ahead?

In the latest trading session, 13.7 million Bio-Path Holdings Inc (NASDAQ:BPTH) shares changed hands as the company’s beta touched 0.26. With the company’s most recent per share price at $1.25 changed hands at -$0.23 or -15.85% at last look, the market valuation stands at $3.17M. BPTH’s current price is a discount, trading about -1628.0% off its 52-week high of $21.60. The share price had its 52-week low at $1.31, which suggests the last value was -4.8% down since then. When we look at Bio-Path Holdings Inc’s average trading volume, we note the 10-day average is 32760.0 shares, with the 3-month average coming to 1.11 million.

Analysts gave the Bio-Path Holdings Inc (BPTH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BPTH as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Bio-Path Holdings Inc’s EPS for the current quarter is expected to be -1.02.

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Bio-Path Holdings Inc (NASDAQ:BPTH) trade information

Instantly BPTH was in red as seen in intraday trades today. With action -17.55%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -86.56%, with the 5-day performance at -17.55% in the red. However, in the 30-day time frame, Bio-Path Holdings Inc (NASDAQ:BPTH) is -28.86% down. Looking at the short shares, we see there were 61171.0 shares sold at short interest cover period of 0.63 days.

Bio-Path Holdings Inc (BPTH) estimates and forecasts

Data shows that the Bio-Path Holdings Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -85.94% over the past 6 months, a 81.56% in annual growth rate that is considerably higher than the industry average of 19.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 34.89%. The 2024 estimates are for Bio-Path Holdings Inc earnings to increase by 81.56%.

BPTH Dividends

Bio-Path Holdings Inc is expected to release its next quarterly earnings report on 2024-Nov-13.

Bio-Path Holdings Inc (NASDAQ:BPTH)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.07% of Bio-Path Holdings Inc shares while 5.59% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 5.59%.

Among Mutual Funds, the top two as of Mar 31, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 13.5 shares estimated at $16749.0 under it, the former controlled 0.53% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.36% of the shares, roughly 9.3 shares worth around $11541.0.