Acquisition by Ferrara Napoleone of 567 shares of Kintara Therapeutics at 0.61 subject to Rule 16b-3

KTRADelisted Stock  USD 6.30  0.14  2.17%   
About 62% of KTRA Old's investor base is looking to short. The analysis of current outlook of investing in KTRA Old suggests that many traders are alarmed regarding KTRA Old's prospects. The current market sentiment, together with KTRA Old's historical and current headlines, can help investors time the market. In addition, many technical investors use KTRA Old stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Kintara Therapeutics Director. Grant, award or other acquisition pursuant to Rule 16b-3

Read at macroaxis.com
Acquisition of 39567 options (right to buy) at 0.61 of Kintara Therapeutics by Ferrara Napoleone on 31st of March 2024. This event was filed by Kintara Therapeutics with SEC on 2019-09-05. Statement of changes in beneficial ownership - SEC Form 4

KTRA Old Fundamental Analysis

We analyze KTRA Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KTRA Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KTRA Old based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Book Value Per Share

Book Value Per Share Comparative Analysis

KTRA Old is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

KTRA Old Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with KTRA Old stock to make a market-neutral strategy. Peer analysis of KTRA Old could also be used in its relative valuation, which is a method of valuing KTRA Old by comparing valuation metrics with similar companies.

Peers

KTRA Old Related Equities

FBRXForte Biosciences   8.78   
0%
75.0%
SLRXSalarius Pharmaceuticals   4.48   
0%
38.0%
SCPHScpharmaceuticals   2.18   
0%
18.0%
MISTMilestone Pharmaceuticals   1.51   
0%
12.0%
BOLTBolt Biotherapeutics   0.87   
7.0%
0%
DYAIDyadic International   1.28   
10.0%
0%
TOVXTheriva Biologics   1.39   
11.0%
0%
DMACDiaMedica Therapeutics   1.66   
14.0%
0%
MCRBSeres Therapeutics   2.21   
18.0%
0%
SABSSAB Biotherapeutics   2.69   
23.0%
0%
CLRBCellectar Biosciences   3.84   
32.0%
0%
GOVXGeoVax Labs   4.95   
42.0%
0%
ONCYOncolytics Biotech   8.02   
68.0%
0%
LSTALisata Therapeutics   11.64   
100.0%
0%
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in KTRA Stock

If you are still planning to invest in KTRA Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the KTRA Old's history and understand the potential risks before investing.
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