Purple Biotech Ltd ADR (NASDAQ:PPBT) Has Made The 38.46% Recovery, Could Gain Another -613.85% Ahead

In last trading session, Purple Biotech Ltd ADR (NASDAQ:PPBT) saw 0.21 million shares changing hands with its beta currently measuring 1.05. Company’s recent per share price level of $3.25 trading at $0.61 or 23.11% at ring of the bell on the day assigns it a market valuation of $5.98M. That closing price of PPBT’s stock is at a discount of -613.85% from its 52-week high price of $23.20 and is indicating a premium of 38.46% from its 52-week low price of $2.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 55780.0 shares which gives us an average trading volume of 45.16K if we extend that period to 3-months.

Purple Biotech Ltd ADR (NASDAQ:PPBT) trade information

Upright in the green during last session for gaining 23.11%, in the last five days PPBT remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $3.25 price level, adding 10.96% to its value on the day. Purple Biotech Ltd ADR’s shares saw a change of -79.17% in year-to-date performance and have moved 31.58% in past 5-day. Purple Biotech Ltd ADR (NASDAQ:PPBT) showed a performance of -6.61% in past 30-days. Number of shares sold short was 19525.0 shares which calculate 0.43 days to cover the short interests.

Purple Biotech Ltd ADR (PPBT) estimates and forecasts

Statistics highlight that Purple Biotech Ltd ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -80.99% of value to its shares in past 6 months, showing an annual growth rate of 95.85% while that of industry is 17.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 26.09% during past 5 years.

Purple Biotech Ltd ADR (NASDAQ:PPBT)’s Major holders

ARMISTICE CAPITAL, LLC is the top institutional holder at PPBT for having 1.36 million shares of worth $0.55 million. And as of 2024-06-30, it was holding 5.2352 of the company’s outstanding shares.

The second largest institutional holder is KINGSWOOD WEALTH ADVISORS, LLC, which was holding about 0.21 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.8021 of outstanding shares, having a total worth of $84680.0.