Investors’ Patience Is Being Tested Right Now By Fortress Biotech Inc (NASDAQ: FBIO)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

Fortress Biotech Inc is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. The current market capitalization of Fortress Biotech Inc is $43.27M. A total of 0.84 million shares were traded on the day, compared to an average of 434.52K shares.

In the most recent transaction, ROSENWALD LINDSAY A MD bought 763,359 shares of FBIO for 1.84 per share on Sep 23 ’24. After the transaction, the PRESIDENT, CEO & CHAIRMAN now owns 3,657,264 company shares. In a previous transaction on Jul 11 ’24, ROSENWALD LINDSAY A MD bought 5,000 shares at 7.48 per share. FBIO shares that President, CEO & Chairman owns now total 127,500.

Among the insiders who bought shares, Jin David acquired of 500 shares on Jul 10 ’24 at a per-share price of $7.50. This resulted in the Chief Financial Officer holding 500 shares of FBIO after the transaction. In another insider transaction, ROSENWALD LINDSAY A MD bought 5,000 shares at $7.39 per share on Jul 09 ’24. Company shares held by the President, CEO & Chairman now total 122,500.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, FBIO has a high of $5.25 and a low of $1.24.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FBIO’s latest balance sheet shows that the firm has $305.74M in Cash & Short Term Investments as of fiscal 2021. There were $74.98M in debt and $101.04M in liabilities at the time. Its Book Value Per Share was $0.79, while its Total Shareholder’s Equity was $225.88M.

Analysts Opinion

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. 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 FBIO is Buy with a score of 5.00.

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