Adial Pharmaceuticals Inc (NASDAQ: ADIL) is -79.15% lower on its value in year-to-date trading and has touched a low of $0.22 and a high of $3.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADIL stock was last observed hovering at around $0.26 in the last trading session, with the day’s gains setting it 0.88%.
Currently trading at $1.14M, the stock is -53.85% and -62.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 57.65 million and changing 57652492% at the moment leaves the stock -73.20% off its SMA200. ADIL registered -77.30% loss for a year compared to 6-month loss of -79.34%. The firm has a 50-day simple moving average (SMA 50) of $0.6102 and a 200-day simple moving average (SMA200) of $0.85565.
The stock witnessed a -68.11% gain in the last 1 month and extending the period to 3 months gives it a -67.70%, and is -29.47% 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 8.90% over the week and 10.78% over the month.
Adial Pharmaceuticals Inc (ADIL) has around 7 employees, a market worth around $3.62M and $0.00M in sales. Distance from 52-week low is 4.23% and -92.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-420.83%).
The EPS is expected to grow by 61.03% this year.
Adial Pharmaceuticals Inc (ADIL) Top Institutional Holders
15.0 institutions hold shares in Adial Pharmaceuticals Inc (ADIL), with institutional investors hold 3.66% of the company’s shares. The shares outstanding are 15.78M, and float is at 15.50M with Short Float at 0.87%. Institutions hold 3.64% of the Float.
The top institutional shareholder in the company is UBS GROUP AG with over 83605.0 shares valued at $96146.0. The investor’s holdings represent 1.9988% of the ADIL Shares outstanding. As of 2024-06-30, the second largest holder is MANCHESTER CAPITAL MANAGEMENT LLC with 48097.0 shares valued at $55312.0 to account for 1.1499 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 34346.0 shares representing 0.8211% and valued at over $39498.0, while HRT FINANCIAL LP holds 0.6988 of the shares totaling 29228.0 with a market value of $33000.0.
