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Tuesday, January 31, 2023

Is RedHill Biopharma Ltd. (NASDAQ: RDHL) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for RedHill Biopharma Ltd. (RDHL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.002, or -1.13%, to $0.175. The RedHill Biopharma Ltd. has recorded 364,114 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that RedHill Announces Publication of Positive Phase 2 Study Results with Once-Daily Oral RHB-107 in Non-Hospitalized COVID-19.


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Stocks Info

RedHill Biopharma Ltd. is listed on the NASDAQ in the Healthcare sector while operating in the Drug Manufacturers – Specialty & Generic industry. At the end of the last regular session, the stock closed at $0.18 and fluctuated between $0.2050 as its day high and $0.1551 as its day low. The current market capitalization of RedHill Biopharma Ltd. is $16.06M. A total of 36.22 million shares were traded on the day, compared to an average of 3.23M shares.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for RDHL in the last 3 months, the mean price target is $1.00 with high estimates of $1.00 and low estimates of $1.00. In terms of 52-week highs and lows, RDHL has a high of $3.27 and a low of $0.13.

As of this writing, RDHL has an earnings estimate of -$0.03 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.03 per share and a lower estimate of -$0.03. The company reported an EPS of -$0.5 in the last quarter, which was -51.50% lower than expectations of -$0.33.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 1 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RDHL is Buy with a score of 5.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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