Is Phio Pharmaceuticals Corp (NASDAQ: PHIO) Stock Poised for More Growth?

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In the latest trading session, 174.16 million Phio Pharmaceuticals Corp (NASDAQ:PHIO) shares changed hands as the company’s beta touched 1.51. With the company’s most recent per share price at $7.99 changing hands around $6.3 or 372.78% at last look, the market valuation stands at $13.85M. PHIO’s current price is a discount, trading about -29.54% off its 52-week high of $10.35. The share price had its 52-week low at $1.53, which suggests the last value was 80.85% up since then. When we look at Phio Pharmaceuticals Corp’s average trading volume, we note the 10-day average is 0.17 million shares, with the 3-month average coming to 367.04K.

Phio Pharmaceuticals Corp (NASDAQ:PHIO) trade information

Instantly PHIO is in green as seen in intraday trades today. With action 305.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 343.88%, with the 5-day performance at 305.58% in the green. However, in the 30-day time frame, Phio Pharmaceuticals Corp (NASDAQ:PHIO) is 184.34% up. Looking at the short shares, we see there were 51491.0 shares sold at short interest cover period of 0.5 days.

Phio Pharmaceuticals Corp (PHIO) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 62.38%.

PHIO Dividends

Phio Pharmaceuticals Corp is expected to release its next quarterly earnings report in February.

Phio Pharmaceuticals Corp (NASDAQ:PHIO)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 4.81% of Phio Pharmaceuticals Corp shares while 3.02% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.17%.

Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund. With 4.29 shares estimated at $34448.0 under it, the former controlled 0.29% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.18% of the shares, roughly 2.71 shares worth around $21737.0.