Shuttle Pharmaceuticals Holdings Inc (NASDAQ:SHPH) saw an upside of 1.06% to $0.60 after adding $0.01 on Tuesday. The 5-day average trading volume is 219,022 shares of the company’s common stock. It has gained $0.6800 in the past week and touched a new high 3 times within the past 5 days. An average of 229,340 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 162,232.
SHPH’s 1-month performance is -14.79% or -$0.0949 on its low of $0.5185 reached on 09/07/23. The company’s shares have touched a 52-week low of $0.52 and high of $7.40, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, SHPH has lost -69.35% or -$1.3498 and has reached a new high 3 times. However, the current price is down -91.88% from the 52-week high price.
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Insider Transactions
SHPH stock investors last saw insider trading activity on Dec 29.Dritschilo Anatoly (CEO and Chairman) most recently sold 8,372 shares at $1.60 per share on Dec 29. This transaction cost the insider $13,437. Director, Jacobs Bette, sold 4,366 shares at a price of $1.60 on Dec 29. Then, on Dec 29, President and COO Dritschilo Peter sold 3,820 shares at a price of $1.60 per share. This transaction amounted to $6,131.
Valuation Metrics
SHPH stock has a beta of 0.55. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 1.34.
Shuttle Pharmaceuticals Holdings Inc’s quick ratio for the recent period was 17.10, with the current ratio over the same period at 17.10.
Earnings Surprise
Net income grew 97.71% to -$2.18 million, while revenue of -$0.98 million was 55.05% off the previous quarter. SHPH stock balance sheet for the recent quarter shows that total liabilities totaled 1.9 million, with total debt at $0.78 million. Shareholders hold equity totaling $15.73 million.
Let’s look briefly at Shuttle Pharmaceuticals Holdings Inc (SHPH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 32.07% to suggest the stock is trending Neutral, with historical volatility in this time period at 61.45%.
The stock’s 5-day moving average is $0.6157, reflecting a -8.27% or -$0.0550 change from its current price. SHPH is currently trading -12.77% above its 20-day SMA, -55.30% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -39.58% and SMA200 by-71.88%.
Stochastic %K and %D was 30.99% and 33.75% and the average true range (ATR) pointed at 0.0772. The RSI (14) points at 33.04%, while the 14-day stochastic is at 35.20% with the period’s ATR at 0.0753. The stock’s 9-day MACD Oscillator is pointing at -0.0422 and -0.0602 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for SHPH stock have a consensus rating for the stock as -. Currently, 0 brokerage advisors rate SHPH as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
