Phio Pharmaceuticals Corp. (PHIO) Stock Reporting Positive Earnings Surprise?

Phio Pharmaceuticals Corp. (NASDAQ:PHIO) stock is up 7.41% to close at $0.14 on Friday, 12/20/19. PHIO stock is lower by $0.0 from the previous closing price of $0.14 on volume of 1428846 shares. In the meantime, PHIO was trading in the Healthcare sector, the stock is trading -72.38% low as compared to its 52-week high price and 41.46% high as compared to its 52-week low price. Of example, both the price and the high and low measurements of 52 weeks will give you a clear image for determining the price track. The firm has a Weighted Alpha of -55.31. A positive weighted alpha shows that over the past year the stock has risen. A negative means that over the same period the stock is down.

What do the Analysts Think?

Over the last 12 months, Phio Pharmaceuticals Corp. (PHIO) stock has fallen by -54.22 percent, and Wall Street analysts’ average rating is a Buy. PHIO stock has an average target price of $1.00 in addition to the average rating from Wall Street analysts. This suggests investors foresee the inventory in the next 12 months to benefit 93.0%.

Estimates of future earnings are probably the most important feedback when attempting to evaluate a company. Analysts can then use cash flow analysis to approximate fair value for a company by placing estimates on a company’s earnings for certain periods. In case of Phio Pharmaceuticals Corp. (PHIO), the Consensus Average Estimate of EPS for fiscal year 12/2019 according to 1 analysts is at -$0.34 per share. The high EPS estimate is -$0.34 per share and the low estimate is -$0.34 per share. The Average estimate indicates the 67.31% growth as compared to the prior year estimated EPS of -$1.04 per share.

EPS Growth and Stock Performance

Phio Pharmaceuticals Corp. also currently has an EPS Growth of 81.10 percent for current year, showing analysts have bullish about their potential for near-term earnings. EPS growth was 67.50 percent over the past five years, along with sales growth of -19.10 percent over the past five years. Next year’s EPS growth is estimated at -8.70%.

The performance of the stocks typically measures, how much a stock gain or lose its value during different time spans. Phio Pharmaceuticals Corp. (NASDAQ:PHIO) has achieved around 26.64% in the last 30 days and around -51.73% over the last three months. The stock recorded return of 7.33% over a week. In the last 6 months, the stock has been observed at -62.82% return.

Tracking the Profitability and Valuation Ratios

As of the last trading session the stock has achieved a market cap of $6.12M. Market capitalization is the cumulative dollar value of all of a company’s outstanding shares and is used to quantify businesses and consider their overall market value. The stock has attained Price-to-sales ratio of 291.52 replicates the cost to be found on sales by the market. The firm maintained Price-to-book ratio of 0.48, which is used to equate the market value of a stock with its book value.

How Insiders are Trading the Stock?

Mostly, the investors and traders are looking for stocks with the high ownership of company’s management because they think that when the company’s management is the major shareholder of a firm, the management will run the business for itself and they will never act those activities which are against their interests and they will always try to create shareholder value in the long-term. Currently, 6.10% of Phio Pharmaceuticals Corp.‘s shares possessed by insiders, while 5.10% shares possessed by financial institutions.