Adial Pharmaceuticals Inc (NASDAQ: ADIL) is -55.61% 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 $0.51 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.47, the stock is 28.31% and -3.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.86 million and changing -7.20% at the moment leaves the stock -40.59% off its SMA200. ADIL registered -53.42% loss for a year compared to 6-month loss of -50.99%. The firm has a 50-day simple moving average (SMA 50) of $0.489 and a 200-day simple moving average (SMA200) of $0.7923.
The stock witnessed a 91.73% gain in the last 1 month and extending the period to 3 months gives it a -27.62%, and is 27.85% 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 21.01% over the week and 19.82% over the month.
Adial Pharmaceuticals Inc (ADIL) has around 7 employees, a market worth around $7.42M and $0.00M in sales. Distance from 52-week low is 113.86% and -84.32% 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 79.78% 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.
Adial Pharmaceuticals Inc (ADIL) Top Institutional Holders
15.0 institutions hold shares in Adial Pharmaceuticals Inc (ADIL), with institutional investors hold 3.77% of the company’s shares. The shares outstanding are 15.78M, and float is at 14.93M with Short Float at 6.25%. 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.
