Iterum Therapeutics plc (NASDAQ:ITRM) went down by -2.79% from its latest closing price compared to the recent 1-year high of $2.99. The company’s stock price has collected 15.23% of gains in the last five trading sessions. Press Release reported on 06/08/21 that Crestone Joins Antimicrobials Working Group
Is It Worth Investing in Iterum Therapeutics plc (NASDAQ :ITRM) Right Now?
Opinions of the stock are interesting as 1 analysts out of 3 who provided ratings for Iterum Therapeutics plc declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.25, which is $0.51 above the current price. ITRM currently public float of 176.16M and currently shorts hold a 1.06% ratio of that float. Today, the average trading volume of ITRM was 11.61M shares.
ITRM’s Market Performance
ITRM stocks went up by 15.23% for the week, with a monthly jump of 68.93% and a quarterly performance of 26.09%, while its annual performance rate touched 4.19%. The volatility ratio for the week stands at 7.47% while the volatility levels for the past 30 days are set at 8.52% for Iterum Therapeutics plc. The simple moving average for the period of the last 20 days is 37.12% for ITRM stocks with a simple moving average of 55.14% for the last 200 days.
Analysts’ Opinion of ITRM
H.C. Wainwright, on the other hand, stated in their research note that they expect to see ITRM reach a price target of $2.50. The rating they have provided for ITRM stocks is “Buy” according to the report published on March 15th, 2021.
RBC Capital Mkts gave a rating of “Sector Perform” to ITRM, setting the target price at $2 in the report published on June 02nd of the previous year.
ITRM Trading at 38.93% from the 50-Day Moving Average
After a stumble in the market that brought ITRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.90% of loss for the given period.
Volatility was left at 8.52%, however, over the last 30 days, the volatility rate increased by 7.47%, as shares surge +68.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.94% upper at present.
During the last 5 trading sessions, ITRM rose by +15.23%, which changed the moving average for the period of 200-days by +128.35% in comparison to the 20-day moving average, which settled at $1.3045. In addition, Iterum Therapeutics plc saw 75.94% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ITRM starting from DENNER ALEXANDER J, who sale 10,619,949 shares at the price of $2.27 back on Feb 12. After this action, DENNER ALEXANDER J now owns 0 shares of Iterum Therapeutics plc, valued at $24,107,284 using the latest closing price.
DENNER ALEXANDER J, the 10% Owner of Iterum Therapeutics plc, sale 10,000,000 shares at $2.59 during a trade that took place back on Feb 11, which means that DENNER ALEXANDER J is holding 10,619,949 shares at $25,900,000 based on the most recent closing price.
Stock Fundamentals for ITRM
Equity return is now at value 435.90, with -261.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.