For the readers interested in the stock health of Pulmatrix Inc. (PULM). It is currently valued at $0.40. When the transactions were called off in the previous session, Stock hit the highs of $0.4248, after setting-off with the price of $0.42. Company’s stock value dipped to $0.3952 during the trading on the day. When the trading was stopped its value was $0.40.Recently in News on December 17, 2021, Pulmatrix Announces Closing of $6.75 Million Registered Direct Offering. Pulmatrix, Inc. (Nasdaq: PULM) (“Pulmatrix” or the “Company”), a clinical stage biopharmaceutical company developing innovative inhaled therapies to address serious pulmonary and non-pulmonary disease using its patented iSPERSE™ technology, today announced that it has closed its previously announced registered direct offering with certain institutional investors for the issuance and sale of an aggregate of 6,745.008 shares of convertible preferred stock and warrants to purchase up to an aggregate of 5,620,834 shares of common stock for gross proceeds of $6.75 million, prior to deducting placement agent’s fees and other offering expenses. The shares of preferred stock have a stated value of $1,000 per share and are initially convertible into an aggregate of 11,241,668 shares of common stock at a conversion price of $0.60 per share at any time. The warrants have an exercise price of $0.70 per share, will become exercisable six months following the date of issuance, and will expire 5 years following the date of issuance. You can read further details here
Pulmatrix Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.4600 on 01/04/22, with the lowest value was $0.3851 for the same time period, recorded on 01/11/22.
Pulmatrix Inc. (PULM) full year performance was -68.67%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Pulmatrix Inc. shares are logging -86.84% during the 52-week period from high price, and 3.90% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.39 and $3.04.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 809503 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Pulmatrix Inc. (PULM) recorded performance in the market was -9.07%, having the revenues showcasing -46.40% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 22.41M, as it employees total of 20 workers.
Market experts do have their say about Pulmatrix Inc. (PULM)
During the last month, 0 analysts gave the Pulmatrix Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.6873, with a change in the price was noted -0.40. In a similar fashion, Pulmatrix Inc. posted a movement of -49.53% for the period of last 100 days, recording 830,357 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PULM is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Pulmatrix Inc. (PULM)
Raw Stochastic average of Pulmatrix Inc. in the period of last 50 days is set at 5.03%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 25.18%. In the last 20 days, the company’s Stochastic %K was 18.79% and its Stochastic %D was recorded 13.08%.
Bearing in mind the latest performance of Pulmatrix Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -9.07%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -52.35%, alongside a downfall of -68.67% for the period of the last 12 months. The shares increased approximately by -1.36% in the 7-day charts and went up by -43.88% in the period of the last 30 days. Common stock shares were lifted by -46.40% during last recorded quarter.