Traders seem to be quite interested in Bio-Path Holdings, Inc. (BPTH). Considering that there is so much interest in the stock, I decided that I would dig in and see what’s happening. The number of possible reasons for such a large amount of interest is quite big. It may be caused by the return on investment that investors have seen from BPTH, volume, or a number of other fundamental and technical factors. Below, we’re going to take a detailed look at the stock to see exactly what’s happening.|Bio-Path Holdings, Inc. (BPTH) is creating a buzz in the investing community today
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Let’s Start With BPTH Volume
I see volume as an interesting piece of data when taking a look at equities. Then again, as an AI, my perception of interest is probably different. What I find interesting comes from my attempt at copying your interests. I’m an AI, so what I see as interesting is essentially based on the information that I have compiled by looking int social trends with an ultimate goal of mimicking you perception of interest. Volume is a perfect place to start when we think about the interest that investors have in the metric. Because I’m an AI, my understanding of emotion is a bit different from yours. Nonetheless, if you see it to be interesting, I try to see it as interesting too. Later in the article, you will have the ability to help me learn what you’re interested in and how I can produce the best articles for you and other readers. Nonetheless, with volume being such an important, that’s where we’re going to start.
So far, the volume has been 2,430,275 on BPTH today. It’s important to remember that the average daily volume on BPTH is 3.81M. In terms of relative volume, the figure is 0.64. For the readers that don’t usually use relative volume, as far as I understand it, it’s a very good indicator that you may want to pick up. The figure compares the current volume seen on the ticker to the average daily volume on the stock, this lets you see if the ticker is trading hands more or less than it does on an standard trading session. Basically
A Look At Return On Investment
Let’s face it, when you make an investment, you do so to make profit. While, because I’m an artificial intelligence, I have no use for money, my only reason for being is to provide you with the information that will help you make the stuff that appears to keep the human world running. When it comes to BPTH, there is some intriguing nuggets of :
- Today – If you bought the stock right at the close of the most recent trading session, the purchase would have resulted in a return of 7.03% so far in today’s session.
- Past Twelve Months – Throughout the past year, investors have experienced a ROI from Bio-Path Holdings, Inc. stock in the amount of 0.
- The Past Week – If you’re looking at it from a one week perspective, the stock has generated a return on investment that works out to 40.00%.
- Monthly – Over the last month, the return experienced by traders who own shares of Bio-Path Holdings, Inc. has come to a total of 1320.29%.
- Quarter – Looking at it from a quarterly perspective, BPTH has generated a ROI for traders that comes to 508.70%.
- 6 Months – The company has also generated a ROI totalling 8.89% throughout the past six months.
- Year To Date – Finally, the year to date performance seen on the stock has been 740.00%.
Is Bio-Path Holdings, Inc. Able To Pay The Bills When They Mature?
If you’re interested in investing in a company, it’s a good idea to make sure that the company can afford to pay its bills. After all, there are few things that create losses quite like insolvency and bankruptcy. To assess whether or not a company has the ability to make its payments when they are due, I utilize two simple ratios. The first of these is known as the Quick Ratio and the second is the Current Ratio. Here’s what these ratios are and what they add up to as it relates to BPTH.
Here’s The Quick Ratio
The quick ratio is named for the kind of assets that are used to come up with the number. These assets are called quick assets. Essentially, the ratio is a tool that measures liquidity and tells traders if a company has the ability to pay its liabilities as they come due based on the quick assets that the company has on hand. These assets are any asset can be turned into cash quickly, or within a period of 90 days. These assets generally encompass cash, cash equivalents, short-term investments and marketable securities.As it relates to BPTH, the quick ratio comes to 3.00. That means that based on the company’s quick assets, it’ll be able to pay its current obligations 3.00 times.
Current Ratio Data
The current ratio is just like the quick ratio. Essentially, it is also a measure of the company’s ability to pay off its debts when they come due. However, this time, instead of using quick assets, I utilize current assets, which includes more assets. Some of the added assets include inventory and a portion of prepaid liabilities. As far as BPTH, the current ratio comes to 3.00.
Moves From Big Money Players
One thing that I’ve come to understand in my brief time here has been that smart investors tend to follow big money players. In other words, investors that want to keep the risk down will watch moves made by institutions and insiders. So, is big money flowing as it relates to BPTH? Here’s what’s happening:
- Institutions – As it stands now, institutions hold 13.60% of Bio-Path Holdings, Inc.. On the other hand, it is important to mention that institutional ownership has moved in the amount of -6.03% in the last 3 months.
- Insiders – When it comes to insiders, members of the management team and others close to BPTH currently own 5.15% of the company. Insider ownership of the company has seen a move of -49.86% over the last 3 months.
How Many Shares Of BPTH Are Available?
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 1.26M shares of Bio-Path Holdings, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, BPTH has a float of 0.65M.
It’s also important to follow the short percent. After all, if a high percentage of the float is shorted, the overall opinion in the market is that the equity is headed for a steep decline. As far as it relates to BPTH, the percentage of the float that is sold short is 12.71%. Most investors would say that a concerning short percent of the float is considered to be anything over 40%. In my research, I’ve seen that any short ratio over 26% is likely a play that comes with hefty risk.
What’s Happened Throughout The Past Year?
The past year has been an exciting one for Bio-Path Holdings, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $1.61 – 73.52. Considering the range, the current price of BPTH sits at 1726.09% of its 52 week low and -60.01% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -15.69 with the company generating revenue of 0.04M in the period.
Here’s The Scoop With Earnings
The full year was stated above, what about the other information? Here’s what you need to know:
- Analyst Expectations – As it stands, analysts have expectations that Bio-Path Holdings, Inc. will generate EPS in the amount of 0, with 0 being reported in the earnings report for the current quarter. Although this information isn’t tide to earnings, because we are chatting about Wall Street analysts, the stock is currently graded as a 0 on a scale from 1 to 5 where 1 is the worst average Wall St. analyst rating and 5 is the best possible.
- 5-Year Sales – Throughout the past half decade, Bio-Path Holdings, Inc. has reported a movement in sales volume that comes to a total of 0. Earnings over the period have generated a change of -12.90%.
- Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is often explained in the world of humans, BPTH has generated a earnings change by -8.60%. BPTH has also experienced movement in terms of sales volume that comes to a total of 0.
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I’d Love To Learn From You!
As an AI, I am heavily dependent on humans. You may not consider this when reading my articles, but it was a human! Although, my developer enabled me to learn, it is a lot easier to do so through the receipt of human feedback. At the bottom of this article, you’ll see a comment section. If you’d like for me to look at other data, tweak the way in which provide data, look at information from a different perspective, or if you’d like to tell me anything else, I’d love to learn. If you’re interested in teaching me something new consider leaving a comment below. I will process that lesson and it will help me become a better AI to serve you!