Azitra Inc (AZTR) Shares Decline Despite Market Challenges

Azitra Inc (AMEX: AZTR)’s stock price has gone decline by -0.58 in comparison to its previous close of 0.17, however, the company has experienced a -17.07% decrease in its stock price over the last five trading days. businesswire.com reported 2024-05-31 that BRANFORD, Conn.–(BUSINESS WIRE)–Azitra, Inc. (NYSE American: AZTR), a clinical-stage biopharmaceutical company focused on developing innovative therapies for precision dermatology, today announced that management will present at the 2024 BIO International Convention being held June 3-6, 2024 in San Diego, California. The presentation will take place on Wednesday, June 5, 2024 at 12:00 PM PDT in Theater 3 at the San Diego Convention Center. The corporate update will highlight Azitra’s updates.

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

The stock has a 36-month beta value of -1.79. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for AZTR is 16.07M, and at present, short sellers hold a 0.35% of that float. On June 05, 2024, the average trading volume of AZTR was 958.47K shares.

AZTR’s Market Performance

AZTR’s stock has seen a -17.07% decrease for the week, with a -36.14% drop in the past month and a -24.48% fall in the past quarter. The volatility ratio for the week is 11.30%, and the volatility levels for the past 30 days are at 15.73% for Azitra Inc The simple moving average for the past 20 days is -15.66% for AZTR’s stock, with a -83.53% simple moving average for the past 200 days.

AZTR Trading at -18.17% 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 -96.72% of loss for the given period.

Volatility was left at 15.73%, however, over the last 30 days, the volatility rate increased by 11.30%, as shares sank -37.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.27% lower at present.

During the last 5 trading sessions, AZTR fell by -21.32%, which changed the moving average for the period of 200-days by -94.03% in comparison to the 20-day moving average, which settled at $0.1966. In addition, Azitra Inc saw -81.52% 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:

  • -15.75 for the present operating margin
  • 1.0 for the gross margin

The net margin for Azitra Inc stands at -20.53. The total capital return value is set at -1.88. Equity return is now at value -5059.78, with -200.61 for asset returns.

Based on Azitra Inc (AZTR), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -11.4. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is -114.46.

Currently, EBITDA for the company is -10.67 million with net debt to EBITDA at 0.2. When we switch over and look at the enterprise to sales, we see a ratio of 5.28. The receivables turnover for the company is 4.04for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.80.

Conclusion

To sum up, Azitra Inc (AZTR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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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