Dare Bioscience Inc (NASDAQ: DARE) is -6.93% lower on its value in year-to-date trading and has touched a low of $2.11 and a high of $4.60 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 DARE stock was last observed hovering at around $2.52 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $3.09, the stock is 18.20% and 9.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 71.11 million and changing 22.86% at the moment leaves the stock -1.54% off its SMA200. DARE registered -0.96% loss for a year compared to 6-month gain of -4.92%. The firm has a 50-day simple moving average (SMA 50) of $2.833 and a 200-day simple moving average (SMA200) of $3.13847.
The stock witnessed a -4.92% gain in the last 1 month and extending the period to 3 months gives it a 6.92%, and is 28.75% 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 49.05% over the week and 15.03% over the month.
Dare Bioscience Inc (DARE) has around 23 employees, a market worth around $27.35M and $1.88M in sales. Profit margin for the company is -191.61%. Distance from 52-week low is 46.45% and -32.83% from its 52-week high.
The EPS is expected to shrink by -298.61% this year.
Dare Bioscience Inc (DARE) Top Institutional Holders
29.0 institutions hold shares in Dare Bioscience Inc (DARE), with institutional investors hold 9.55% of the company’s shares. The shares outstanding are 8.85M, and float is at 8.71M with Short Float at 0.54%. Institutions hold 9.40% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.36 million shares valued at $1.13 million. The investor’s holdings represent 3.3271% of the DARE Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 1.01 million shares valued at $0.37 million to account for 0.9972 of the shares outstanding. The other top investors are AMH EQUITY LTD which holds 0.92 million shares representing 0.9151% and valued at over $0.31 million, while RENAISSANCE TECHNOLOGIES LLC holds 0.7715 of the shares totaling 0.78 million with a market value of $0.26 million.
Dare Bioscience Inc (DARE) Insider Activity
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