21 institutions hold shares in Dare Bioscience Inc. (DARE), with 3.15M shares held by insiders accounting for 8.30% while institutional investors hold 6.42% of the company’s shares. The shares outstanding are 41.60M, and float is at 35.47M with Short Float at 3.65%. Institutions hold 5.89% of the Float.
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The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 0.84 million shares valued at $0.84 million. The investor’s holdings represent 2.01% of the DARE Shares outstanding. As of Dec 30, 2020, the second largest holder is Renaissance Technologies, LLC with 0.71 million shares valued at $0.95 million to account for 1.70% of the shares outstanding. The other top investors are Polaris Venture Management Co. V, L.L.C. which holds 0.33 million shares representing 0.78% and valued at over $0.33 million, while Gsa Capital Partners Llp holds 0.35% of the shares totaling 0.14 million with a market value of $0.19 million.
Dare Bioscience Inc. (NASDAQ: DARE) is 59.70% higher on its value in year-to-date trading and has touched a low of $0.75 and a high of $3.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DARE stock was last observed hovering at around $2.22 in the last trading session, with the day’s loss setting it -0.08% off its average median price target of $5.00 for the next 12 months. It is also 76.22% off the consensus price target high of $9.00 offered by 6 analysts, but current levels are 28.67% higher than the price target low of $3.00 for the same period.
Currently trading at $2.14, the stock is -9.56% and 17.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -3.60% at the moment leaves the stock 67.31% off its SMA200. DARE registered 81.36% gain for a year compared to 6-month gain of 81.36%. The firm has a 50-day simple moving average (SMA 50) of $2.1038 and a 200-day simple moving average (SMA200) of $1.3720.
The stock witnessed a -26.46% loss in the last 1 month and extending the period to 3 months gives it a 73.98%, and is -8.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.13% over the week and 10.03% over the month.
Distance from 52-week low is 185.33% and -44.42% from its 52-week high.
Dare Bioscience Inc. (DARE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Dare Bioscience Inc. (DARE) is a “Buy”. 6 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Dare Bioscience Inc. is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at -$0.13 with sales reaching $520k over the same period.The EPS is expected to grow by 38.00% this year.
Dare Bioscience Inc. (DARE) Insider Activity
A total of 0 insider transactions have happened at Dare Bioscience Inc. (DARE) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Dare Bioscience Inc. (DARE): Who are the competitors?
The company’s main competitors (and peers) include Clovis Oncology Inc. (CLVS) that is trading -39.27% down over the past 12 months. Seagen Inc. (SGEN) is 34.68% up on the 1-year trading charts. Short interest in the company’s stock has risen 42.76% from the last report on Dec 30, 2020 to stand at a total of 0.74 million short shares sold with a short interest ratio of 0.22.