Azitra Inc (AMEX: AZTR)’s stock price has soared by 17.58 in relation to previous closing price of 0.23. Nevertheless, the company has seen a gain of 21.00% 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?
There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AZTR is 16.05M, and at present, short sellers hold a 1.27% of that float. The average trading volume of AZTR on May 07, 2024 was 702.10K shares.
AZTR’s Market Performance
AZTR’s stock has seen a 21.00% increase for the week, with a 11.38% rise in the past month and a -72.27% fall in the past quarter. The volatility ratio for the week is 13.20%, and the volatility levels for the past 30 days are at 12.59% for Azitra Inc The simple moving average for the last 20 days is 28.55% for AZTR’s stock, with a simple moving average of -80.89% for the last 200 days.
AZTR Trading at 19.88% 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 -94.86% of loss for the given period.
Volatility was left at 12.59%, however, over the last 30 days, the volatility rate increased by 13.20%, as shares surge +19.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.38% upper at present.
During the last 5 trading sessions, AZTR rose by +21.00%, which changed the moving average for the period of 200-days by -93.45% in comparison to the 20-day moving average, which settled at $0.2093. In addition, Azitra Inc saw -71.07% 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 9.85. 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
In summary, Azitra Inc (AZTR) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
