Avenue Therapeutics Stock Price on July 1, 2024

ATXI Stock  USD 1.66  0.14  7.78%   
Below is the normalized historical share price chart for Avenue Therapeutics extending back to June 27, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Avenue Therapeutics stands at 1.66, as last reported on the 17th of December 2024, with the highest price reaching 1.88 and the lowest price hitting 1.64 during the day.
IPO Date
27th of June 2017
200 Day MA
4.5086
50 Day MA
2.0524
Beta
(0.18)
 
Covid
If you're considering investing in Avenue Stock, it is important to understand the factors that can impact its price. Avenue Therapeutics secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of standard deviation over the last 3 months. Avenue Therapeutics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avenue Therapeutics' mean deviation of 3.15, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
  
As of now, Avenue Therapeutics' Total Stockholder Equity is increasing as compared to previous years. The Avenue Therapeutics' current Stock Based Compensation is estimated to increase to about 923.3 K, while Common Stock Total Equity is projected to decrease to 1,467. . As of now, Avenue Therapeutics' Price Book Value Ratio is increasing as compared to previous years. The Avenue Therapeutics' current Price To Book Ratio is estimated to increase to 1.13, while Price Earnings Ratio is projected to decrease to (0.17). Avenue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1534

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Estimated Market Risk

 4.43
  actual daily
39
61% of assets are more volatile

Expected Return

 -0.68
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Avenue Therapeutics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Avenue Therapeutics by adding Avenue Therapeutics to a well-diversified portfolio.
Price Book
1.4165
Book Value
4.635
Enterprise Value
1.1 M
Enterprise Value Ebitda
(0.42)
Shares Float
1.3 M

Avenue Therapeutics Main Headline on 1st of July 2024

Avenue Therapeutics, Inc. Short Interest Update Defense World

Avenue Therapeutics Valuation on July 1, 2024

It is possible to determine the worth of Avenue Therapeutics on a given historical date. On July 1, 2024 Avenue was worth 3.57 at the beginning of the trading date compared to the closed value of 3.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avenue Therapeutics stock. Still, in general, we apply an absolute valuation method to find Avenue Therapeutics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Avenue Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avenue Therapeutics' related companies.
 Open High Low Close Volume
  3.65    3.79    3.50    3.50    49,885  
07/01/2024
  3.57    3.59    3.40    3.40    22,247  
  3.53    3.53    3.34    3.41    15,582  
Backtest Avenue Therapeutics  |  Avenue Therapeutics History  |  Avenue Therapeutics Valuation   PreviousNext  
Open Value
3.57
3.4
Closing Value
16.86
Upside

Avenue Therapeutics Trading Date Momentum on July 1, 2024

On July 02 2024 Avenue Therapeutics was traded for  3.41  at the closing time. The top price for the day was 3.53  and the lowest listed price was  3.34 . The trading volume for the day was 15.6 K. The trading history from July 2, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.29% . The overall trading delta against the current closing price is 2.35% .

Avenue Therapeutics Fundamentals Correlations and Trends

By evaluating Avenue Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Avenue Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Avenue financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Avenue Therapeutics Stock history

Avenue Therapeutics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Avenue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avenue Therapeutics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Avenue Therapeutics stock prices may prove useful in developing a viable investing in Avenue Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding141.2 K134.2 K
Net Loss-3.4 M-3.5 M

Avenue Therapeutics Stock Technical Analysis

Avenue Therapeutics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Avenue Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Avenue Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Avenue Therapeutics Period Price Range

Low
December 17, 2024
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High

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Avenue Therapeutics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Avenue Therapeutics December 17, 2024 Market Strength

Market strength indicators help investors to evaluate how Avenue Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avenue Therapeutics shares will generate the highest return on investment. By undertsting and applying Avenue Therapeutics stock market strength indicators, traders can identify Avenue Therapeutics entry and exit signals to maximize returns

Avenue Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Avenue Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Avenue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avenue to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Avenue Stock analysis

When running Avenue Therapeutics' price analysis, check to measure Avenue Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avenue Therapeutics is operating at the current time. Most of Avenue Therapeutics' value examination focuses on studying past and present price action to predict the probability of Avenue Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avenue Therapeutics' price. Additionally, you may evaluate how the addition of Avenue Therapeutics to your portfolios can decrease your overall portfolio volatility.
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