Company’s 36-month beta value is 2.28.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ITRM is 21.95M, and currently, short sellers hold a 1.56% ratio of that floaft. The average trading volume of ITRM on October 04, 2024 was 316.74K shares.
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ITRM) stock’s latest price update
Iterum Therapeutics Plc (NASDAQ: ITRM) has experienced a decline in its stock price by -5.14 compared to its previous closing price of 1.05. However, the company has seen a fall of -4.69% in its stock price over the last five trading days. zacks.com reported 2024-09-11 that Iterum provides updates from the FDA’s Antimicrobial Drugs Advisory Committee meeting on its NDA for oral sulopenem to treat adult women with uUTI.
ITRM’s Market Performance
Iterum Therapeutics Plc (ITRM) has seen a -4.69% fall in stock performance for the week, with a -11.86% decline in the past month and a -11.07% plunge in the past quarter. The volatility ratio for the week is 5.89%, and the volatility levels for the past 30 days are at 9.38% for ITRM. The simple moving average for the past 20 days is -6.89% for ITRM’s stock, with a -30.50% simple moving average for the past 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 -13.01% 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 -60.16% of loss for the given period.
Volatility was left at 9.38%, however, over the last 30 days, the volatility rate increased by 5.89%, as shares sank -5.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.79% lower at present.
During the last 5 trading sessions, ITRM fell by -4.69%, which changed the moving average for the period of 200-days by -42.76% in comparison to the 20-day moving average, which settled at $1.0668. In addition, Iterum Therapeutics Plc saw -49.44% 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 ITRM starting from Dunne Michael W., who purchase 25,000 shares at the price of $1.40 back on Dec 22 ’23. After this action, Dunne Michael W. now owns 113,754 shares of Iterum Therapeutics Plc, valued at $35,000 using the latest closing price.
Dunne Michael W., the Director of Iterum Therapeutics Plc, purchase 10,000 shares at $1.84 during a trade that took place back on Dec 18 ’23, which means that Dunne Michael W. is holding 88,754 shares at $18,442 based on the most recent closing price.
Stock Fundamentals for ITRM
Current profitability levels for the company are sitting at:
- -14.6 for the present operating margin
- 0.66 for the gross margin
The net margin for Iterum Therapeutics Plc stands at -10.82. The total capital return value is set at 14.71. Equity return is now at value -555.68, with -86.93 for asset returns.
Based on Iterum Therapeutics Plc (ITRM), the company’s capital structure generated 2.02 points at debt to capital in total, while cash flow to debt ratio is standing at -1.92. The debt to equity ratio resting at -1.98. The interest coverage ratio of the stock is -21.7.
Currently, EBITDA for the company is -45.72 million with net debt to EBITDA at -0.45. When we switch over and look at the enterprise to sales, we see a ratio of 14.98. The receivables turnover for the company is 13.44for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
In a nutshell, Iterum Therapeutics Plc (ITRM) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
