Why Invest In Bioline Rx Ltd ADR (BLRX) Stock?

Bioline Rx Ltd ADR (NASDAQ:BLRX) has a beta value of 1.38 and has seen 98704.0 shares traded in the last trading session. The company, currently valued at $13.80M, closed the last trade at $3.71 per share which meant it gained $0.2 on the day or 5.70% during that session. The BLRX stock price is -1452.56% off its 52-week high price of $57.60 and 12.67% above the 52-week low of $3.24. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.11 million shares traded. The 3-month trading volume is 223.25K shares.

The consensus among analysts is that Bioline Rx Ltd ADR (BLRX) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.0.

Bioline Rx Ltd ADR (NASDAQ:BLRX) trade information

Sporting 5.70% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BLRX stock price touched $3.71 or saw a rise of 3.89%. Year-to-date, Bioline Rx Ltd ADR shares have moved -56.66%, while the 5-day performance has seen it change 11.41%. Over the past 30 days, the shares of Bioline Rx Ltd ADR (NASDAQ:BLRX) have changed -11.33%. Short interest in the company has seen 0.12 million shares shorted with days to cover at 0.23.

Bioline Rx Ltd ADR (BLRX) estimates and forecasts

The company’s shares have lost -88.03% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 419.01%.

3 analysts offering their estimates for the company have set an average revenue estimate of 7.72M for the current quarter. 1 have an estimated revenue figure of 792k for the next ending quarter. Year-ago sales stood 4.8M and 6.86M respectively for this quarter and the next, and analysts expect sales will grow by 60.80% for the current quarter and 419.01% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 21.53% over the past 5 years. Earnings growth for 2025 is a modest 91.44% while over the next 5 years, the company’s earnings are expected to increase by 66.06%.

BLRX Dividends

Bioline Rx Ltd ADR is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Bioline Rx Ltd ADR (NASDAQ:BLRX)’s Major holders

The top two institutional holders are ENVESTNET ASSET MANAGEMENT INC with over 0.21 million shares worth more than $0.12 million. As of 2024-06-30, ENVESTNET ASSET MANAGEMENT INC held 0.2952% of shares outstanding.

The other major institutional holder is LPL FINANCIAL LLC, with the holding of over 82000.0 shares as of 2024-06-30. The firm’s total holdings are worth over $46732.0 and represent 0.1132% of shares outstanding.