Indaptus Therapeutics Inc (NASDAQ: INDP) is -80.59% lower on its value in year-to-date trading and has touched a low of $0.27 and a high of $2.42 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 INDP stock was last observed hovering at around $0.50 in the last trading session, with the day’s gains setting it 5.71%.
Currently trading at $6.21M, the stock is 29.43% and 10.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.39 million and changing 5386676% at the moment leaves the stock -47.39% off its SMA200. INDP registered -46.51% loss for a year compared to 6-month loss of -50.59%. The firm has a 50-day simple moving average (SMA 50) of $0.406 and a 200-day simple moving average (SMA200) of $0.856195.
The stock witnessed a 18.71% gain in the last 1 month and extending the period to 3 months gives it a -31.80%, and is 44.36% up 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 36.53% over the week and 16.78% over the month.
Indaptus Therapeutics Inc (INDP) has around 7 employees, a market worth around $7.22M and $0.00M in sales. Distance from 52-week low is 66.75% and -81.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-562.47%).
The EPS is expected to grow by 16.15% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Indaptus Therapeutics Inc (INDP) Top Institutional Holders
21.0 institutions hold shares in Indaptus Therapeutics Inc (INDP), with institutional investors hold 20.73% of the company’s shares. The shares outstanding are 16.03M, and float is at 12.90M with Short Float at 7.94%. Institutions hold 13.08% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.26 million shares valued at $0.54 million. The investor’s holdings represent 3.0355% of the INDP Shares outstanding. As of 2024-06-30, the second largest holder is INVESTMENT HOUSE LLC with 0.1 million shares valued at $0.22 million to account for 1.2134 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 59309.0 shares representing 0.7025% and valued at over $0.13 million, while STRATEGY ASSET MANAGERS LLC holds 0.537 of the shares totaling 45336.0 with a market value of $86592.0.
