BioLineRx Ltd. (NASDAQ:BLRX) saw an upside of 6.01% to $2.79 after adding $0.16 on Wednesday. The 5-day average trading volume is 736,585 shares of the company’s common stock. It has gained $3.06 in the past week. An average of 384,516 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 414,104.
BLRX’s 1-month performance is -8.04% or $0.01 on its low of $2.58 reached on 09/20/21. The company’s shares have touched a 52-week low of $1.40 and high of $6.34, with the stock’s rally to the 52-week high happening on 05/04/21. YTD, BLRX has achieved 4.37% or $0.35. However, the current price is down -56.03%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
BioLineRx Ltd. (BLRX) has a trailing price-to-earnings (P/E) ratio of 34.65 for the broader industry and 32.24 for the sector.BLRX stock has a beta of 2.10. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 1.58.
BioLineRx Ltd.’s quick ratio for the period ended June 29 was 6.80, with the current ratio over the same period at 6.80 meaning that BLRX stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.04, while the total debt to equity was 0.08. The firm’s gross profit as reported stood at $1.63 million against revenue of $22.93 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected BLRX to announce -$0.15 per share in earnings in its latest quarter, but it posted -$0.15, representing a 0.00% surprise. EBITDA for the quarter stood at more than -$6.33 million. BLRX stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 17.44 million, with total debt at $6.24 million
Let’s look briefly at BioLineRx Ltd. (BLRX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 64.85% to suggest the stock is trending Neutral, with historical volatility in this time period at 51.05%.
The stock’s 5-day moving average is $2.69, reflecting a +6.37% or $0.17 change from its current price. BLRX is currently trading +6.37% above its 20-day SMA, -7.36% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -11.09% and +17.22% respectively.
Stochastic %K and %D was 23.50% and 15.12% and the average true range (ATR) pointed at 0.13. The RSI (14) points at 57.98%, while the 14-day stochastic is at 57.99% with the period’s ATR at 0.13. The stock’s 9-day MACD Oscillator is pointing at 0.01 and -0.01 on the 14-day charts.
In the most recent analyst report for BioLineRx Ltd. (NASDAQ: BLRX), Maxim Group upgraded it to a Buy rating. They previously had a Hold rating on the stock. Analysts offering their rating for BLRX stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate BLRX as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is BLRX’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $10.00 and a high of $19.00, with their median price target at $14.50. Looking at these predictions, the average price target given by analysts is for BioLineRx Ltd. (BLRX) stock is $14.50.