Azitra Inc (AZTR) Shares Up Despite Recent Market Volatility

Azitra Inc (AMEX: AZTR)’s stock price has soared by 13.38 in relation to previous closing price of 0.19. Nevertheless, the company has seen a gain of 9.46% in its stock price over the last five trading days. InvestorPlace reported 2024-02-14 that Azitra (NYSEMKT: AZTR ) stock is falling on Wednesday after the pre-clinical biopharmaceutical company announced details for a public share offering. Azitra is selling 16,667,000 shares of AZTR stock for 30 cents per share.

Is It Worth Investing in Azitra Inc (AMEX: AZTR) Right Now?

Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for AZTR is 16.03M, and currently, short sellers hold a 1.25% ratio of that float. The average trading volume of AZTR on April 23, 2024 was 623.03K shares.

AZTR’s Market Performance

AZTR stock saw a decrease of 9.46% in the past week, with a monthly decline of -4.49% and a quarterly a decrease of -84.43%. The volatility ratio for the week is 10.34%, and the volatility levels for the last 30 days are 12.09% for Azitra Inc (AZTR). The simple moving average for the past 20 days is 8.33% for AZTR’s stock, with a -85.81% simple moving average for the past 200 days.

AZTR Trading at -19.56% from the 50-Day Moving Average

After a stumble in the market that brought AZTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.73% of loss for the given period.

Volatility was left at 12.09%, however, over the last 30 days, the volatility rate increased by 10.34%, as shares surge +4.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -80.50% lower at present.

During the last 5 trading sessions, AZTR rose by +10.05%, which changed the moving average for the period of 200-days by -94.78% in comparison to the 20-day moving average, which settled at $0.2046. In addition, Azitra Inc saw -75.97% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AZTR starting from Staskey Norm, who purchase 47,600 shares at the price of $0.21 back on Mar 29 ’24. After this action, Staskey Norm now owns 51,100 shares of Azitra Inc, valued at $10,034 using the latest closing price.

Salva Francisco D., the President and CEO of Azitra Inc, purchase 333,300 shares at $0.30 during a trade that took place back on Feb 13 ’24, which means that Salva Francisco D. is holding 338,300 shares at $99,990 based on the most recent closing price.

Stock Fundamentals for AZTR

Current profitability levels for the company are sitting at:

  • -11.11 for the present operating margin
  • 1.0 for the gross margin

The net margin for Azitra Inc stands at -16.45. The total capital return value is set at -2.17.

Based on Azitra Inc (AZTR), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -8.31. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is -45.43.

Currently, EBITDA for the company is -10.67 million with net debt to EBITDA at 0.09. When we switch over and look at the enterprise to sales, we see a ratio of 8.0. The receivables turnover for the company is 3.07for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.

Conclusion

To put it simply, Azitra Inc (AZTR) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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