Essa Pharma Inc (NASDAQ: EPIX) Fall -175.32% From Its 52-Week Low; YTD Numbers Fall -76.67% – Here Are Some Things To Keep In Mind

During the recent session, Essa Pharma Inc (NASDAQ:EPIX)’s traded shares were 16.7 million, with the beta value of the company hitting 1.84. At the last check today, the stock’s price was $1.54, reflecting an intraday loss of -70.38% or -$3.66. The 52-week high for the EPIX share is $11.67, that puts it down -657.79 from that peak though still a striking -175.32% loss since the share price plummeted to a 52-week low of $4.24. The company’s market capitalization is $68.33M, and the average intraday trading volume over the past 10 days was 38160.0 shares, and the average trade volume was 58.40K shares over the past three months.

Essa Pharma Inc (NASDAQ:EPIX) trade information

Essa Pharma Inc (EPIX) registered a -70.38% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -70.38% in intraday trading to $1.54, hitting a weekly high. The stock’s 5-day price performance is -72.25%, and it has moved by -74.55% in 30 days. Based on these gigs, the overall price performance for the year is -68.31%. The short interest in Essa Pharma Inc (NASDAQ:EPIX) is 1.15 million shares and it means that shorts have 18.62 day(s) to cover.

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The consensus price target of analysts on Wall Street is $16, which implies an increase of 90.38% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $15 and $17 respectively. As a result, EPIX is trading at a discount of -1003.9% off the target high and -874.03% off the low.

Essa Pharma Inc (EPIX) estimates and forecasts

Statistics show that Essa Pharma Inc has underperformed its competitors in share price, compared to the industry in which it operates. Essa Pharma Inc (EPIX) shares have gone down -77.62% during the last six months, with a year-to-date growth rate less than the industry average at -18.33% against 18.10.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 25.04%. While earnings are projected to return -16.67% in 2024.

EPIX Dividends

Essa Pharma Inc is due to release its next quarterly earnings on 2024-Dec-10. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Essa Pharma Inc (NASDAQ:EPIX)’s Major holders

Essa Pharma Inc insiders own 2.26% of total outstanding shares while institutional holders control 80.08%, with the float percentage being 81.94%. BVF INC/IL is the largest shareholder of the company, while 37.0 institutions own stock in it. As of 2024-06-30, the company held over 8.75 million shares (or 19.7767% of all shares), a total value of $46.02 million in shares.

The next largest institutional holding, with 7.89 million shares, is of BELLEVUE GROUP AG’s that is approximately 17.8348% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $41.5 million.