Is Adial Pharmaceuticals Inc (NASDAQ: ADIL) No Longer A Good Investment?

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that Adial Pharmaceuticals Awarded New Patent from the United States Patent and Trademark Office.

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Stocks Info

ADIL belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Adial Pharmaceuticals Inc is $3.39M. A total of 28.75 million shares were traded on the day, compared to an average of 2.11M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ADIL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 3 BUYs and 0 SELLs from insiders. Insiders purchased 818,300 shares during that period but sold 0.

In the most recent transaction, Schuyler Kevin bought 700 shares of ADIL for 2.74 per share on Sep 29. After the transaction, the Director now owns 700 company shares.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ADIL in the last 3 months, the mean price target is $26.00 with high estimates of $26.00 and low estimates of $26.00. In terms of 52-week highs and lows, ADIL has a high of $15.00 and a low of $0.76.

As of this writing, ADIL has an earnings estimate of -$0.63 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.63 per share and a lower estimate of -$0.63. The company reported an EPS of $0.96 in the last quarter, which was 164.00% higher than expectations of -$1.5.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ADIL’s latest balance sheet shows that the firm has $6.06M in Cash & Short Term Investments as of fiscal 2021. There were $256.96k in debt and $2.72M in liabilities at the time. Its Book Value Per Share was $1.92, while its Total Shareholder’s Equity was $3.51M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 ADIL is Buy with a score of 4.33.

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