The 12-Month Price Target For NRX Pharmaceuticals Inc (NASDAQ:NRXP) Is Now 2.

In last trading session, NRX Pharmaceuticals Inc (NASDAQ:NRXP) saw 2.81 million shares changing hands with its beta currently measuring 1.04. Company’s recent per share price level of $3.76 trading at -$0.9 or -19.31% at ring of the bell on the day assigns it a market valuation of $45.47M. That closing price of NRXP’s stock is at a discount of -94.95% from its 52-week high price of $7.33 and is indicating a premium of 70.74% from its 52-week low price of $1.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.43 million shares which gives us an average trading volume of 844.60K if we extend that period to 3-months.

For NRX Pharmaceuticals Inc (NRXP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

NRX Pharmaceuticals Inc (NASDAQ:NRXP) trade information

Upright in the red during last session for losing -19.31%, in the last five days NRXP remained trading in the green while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $3.76 price level, adding 22.47% to its value on the day. NRX Pharmaceuticals Inc’s shares saw a change of 70.91% in year-to-date performance and have moved 70.91% in past 5-day. NRX Pharmaceuticals Inc (NASDAQ:NRXP) showed a performance of 208.20% in past 30-days. Number of shares sold short was 0.68 million shares which calculate 4.8 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -88.0% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 2. It follows that stock’s current price would jump 46.81% in reaching the projected high whereas dropping to the targeted low would mean a gain of 46.81% for stock’s current value.

NRX Pharmaceuticals Inc (NRXP) estimates and forecasts

Statistics highlight that NRX Pharmaceuticals Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 59.32% of value to its shares in past 6 months, showing an annual growth rate of 52.70% while that of industry is 16.60. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

NRX Pharmaceuticals Inc (NASDAQ:NRXP)’s Major holders

Insiders are in possession of 23.56% of company’s total shares while institution are holding 6.05 percent of that, with stock having share float percentage of 7.92%. Investors also watch the number of corporate investors in a company very closely, which is 6.05% institutions for NRX Pharmaceuticals Inc that are currently holding shares of the company.