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.
Stocks Info
The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Relmada Therapeutics Inc is $8.83M. A total of 1.05 million shares were traded on the day, compared to an average of 1.16M shares.
In the most recent transaction, TRAVERSA SERGIO bought 51,407 shares of RLMD for 2.99 per share on Sep 11 ’24. After the transaction, the Chief Executive Officer now owns 384,024 company shares. In a previous transaction on Sep 09 ’24, TRAVERSA SERGIO bought 55,579 shares at 2.71 per share. RLMD shares that Chief Executive Officer owns now total 299,603.
Among the insiders who bought shares, TRAVERSA SERGIO acquired of 33,014 shares on Sep 10 ’24 at a per-share price of $2.75. This resulted in the Chief Executive Officer holding 332,617 shares of RLMD after the transaction. In another insider transaction, CASAMENTO CHARLES J bought 13,000 shares at $2.56 per share on Sep 09 ’24. Company shares held by the Director now total 13,000.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, RLMD has a high of $5.84 and a low of $0.24.
As of this writing, RLMD has an earnings estimate of $0 per share for the current quarter.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RLMD’s latest balance sheet shows that the firm has $211.91M in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $1.58, while its Total Shareholder’s Equity was $208.26M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 RLMD is Buy with a score of 2.50.
