Future Outlook And Stock Price Performance For Shuttle Pharmaceuticals Holdings Inc (NASDAQ: SHPH)

In the last trading session, 52505.0 shares of the Shuttle Pharmaceuticals Holdings Inc (NASDAQ:SHPH) were traded, and its beta was 0.24. Most recently the company’s share price was $0.84, and it changed around -$0.04 or -4.62% from the last close, which brings the market valuation of the company to $3.42M. SHPH currently trades at a discount to its 52-week high of $4.95, offering almost -489.29% off that amount. The share price’s 52-week low was $0.58, which indicates that the current value has risen by an impressive 30.95% since then. We note from Shuttle Pharmaceuticals Holdings Inc’s average daily trading volume that its 10-day average is 64970.0 shares, with the 3-month average coming to 1.15 million.

Shuttle Pharmaceuticals Holdings Inc (NASDAQ:SHPH) trade information

Instantly SHPH has showed a red trend with a performance of -4.62% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.9291 on recent trading dayincreased the stock’s daily price by 9.59%. The company’s shares are currently down -2.21% year-to-date, but still down -3.45% over the last five days. On the other hand, Shuttle Pharmaceuticals Holdings Inc (NASDAQ:SHPH) is 23.53% up in the 30-day period. We can see from the shorts that 0.7 million shares have been sold at a short interest cover period of 0.25 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -94.84%.

SHPH Dividends

Shuttle Pharmaceuticals Holdings Inc’s next quarterly earnings report is expected to be released in February.

Shuttle Pharmaceuticals Holdings Inc (NASDAQ:SHPH)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 27.82% of Shuttle Pharmaceuticals Holdings Inc shares, and 1.81% of them are in the hands of institutional investors. The stock currently has a share float of 2.51%. Shuttle Pharmaceuticals Holdings Inc stock is held by 7.0 institutions, with TWO SIGMA SECURITIES, LLC being the largest institutional investor. By 2024-06-30, it held 0.2552% of the shares, which is about 42288.0 shares worth $16907.0.

GEODE CAPITAL MANAGEMENT, LLC, with 0.186% or 30823.0 shares worth $12297.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.