It’s Easy To Bet On Allarity Therapeutics Inc (NASDAQ: ALLR) For Economic Progress Over The Impending Months

In the last trading session, 3.45 million shares of the Allarity Therapeutics Inc (NASDAQ:ALLR) were traded, and its beta was -0.07. Most recently the company’s share price was $1.00, and it changed around $0.01 or 1.01% from the last close, which brings the market valuation of the company to $4.43M. ALLR currently trades at a discount to its 52-week high of $214.58, offering almost -21358.0% off that amount. The share price’s 52-week low was $0.68, which indicates that the current value has risen by an impressive 32.0% since then. We note from Allarity Therapeutics Inc’s average daily trading volume that its 10-day average is 2.16 million shares, with the 3-month average coming to 2.67 million.

Allarity Therapeutics Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended ALLR as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Allarity Therapeutics Inc is expected to report earnings per share of 0 for the current quarter.

Allarity Therapeutics Inc (NASDAQ:ALLR) trade information

Instantly ALLR has showed a green trend with a performance of 1.01% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.0900 on recent trading dayincreased the stock’s daily price by 8.26%. The company’s shares are currently down -14.53% year-to-date, but still up 7.76% over the last five days. On the other hand, Allarity Therapeutics Inc (NASDAQ:ALLR) is 4.88% up in the 30-day period. We can see from the shorts that 0.66 million shares have been sold at a short interest cover period of 0.44 day(s).

Allarity Therapeutics Inc (NASDAQ:ALLR)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 16.80% of Allarity Therapeutics Inc shares, and 2.36% of them are in the hands of institutional investors. The stock currently has a share float of 2.83%.