Alliqua BioMedical, Inc. (ALQA) Stock: A Biotech Stock That’s Seeing Declines

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Alliqua BioMedical, Inc. (ALQA) is working its way for to the bottom in the market today. The company, focused in the biotech industry, is presently priced at $2.76 after heading down -5.48% so far today. In terms of biotechnology stocks, there are quite a few aspects that have the potential to cause price movement in the market. News is one of the most common reasons for movement. Here are the recent stories relating to ALQA:

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Jan-03-19 07:00AM Alliqua Biomedical CEO Provides Update to Shareholders
Dec-27-18 07:35AM New Research: Key Drivers of Growth for Zillow Group, Woodward, Navistar International, Multi-Color, Ferrellgas Partners, and Alliqua BioMedical Factors of Influence, Major Initiatives and Sustained Production
Dec-14-18 10:25AM What to Watch as Healthcare Stocks Continue to Outperform the Market
Nov-30-18 03:28PM Trade The Market, Not Your Expectations
Nov-29-18 10:10AM Healthcare Stocks Following New Market Trends: Premier Health Group (PHGRF) (PHGI), Alliqua BioMedical, Tonix Pharma, & Adial Pharma

Nonetheless, when making an investing decision, investors should look into far more than just news, especially in the generally speculative biotechnology sector. Here’s what’s happening with Alliqua BioMedical, Inc..

Recent Movement Out of ALQA

While a single session decline, like the fall that we’re seeing from Alliqua BioMedical, Inc. may make some investors upset, a single session decline by itself should not be the basis of a decision to, or not to, invest in a stock. It is generally a good idea to look at trends experienced by the stock beyond a single trading day. As it relates to ALQA, here are the trends that we’ve seen:

  • Past 5 Sessions – In the last week, ALQA has seen a change in price in the amount of -21.59%.
  • Past Month – The monthly returns from Alliqua BioMedical, Inc. works out to 24.32%.
  • Past 3 Months – Over the last three months, the stock has produced a ROI that works out to 19.22%
  • Past Six Months – Over the previous six months, we’ve seen a performance of 8.24% from the company.
  • This Year So Far – Since the close of last year ALQA has resulted in a ROI of 47.59%.
  • Annually – Lastly, over the last full year, investors have seen movement of 43.75% from ALQA. In this period, the stock has traded at a high of -47.33% and a low of 78.06%.

Ratios Worth Paying Attention To

Looking at a few ratios associated with a stock can provide prospective investors a look of how risky and/or rewarding a stock pick may be. Below are a few of the key ratios to think about when looking at ALQA.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the level of short interest. The higher this ratio, the more investors are expecting that the price of the stock is headed for declines. In general, biotech stocks tend to come with a higher short ratio. However, we also see a lot of short squeezes in the sector. Nonetheless, in relation to Alliqua BioMedical, Inc., it’s short ratio is 0.80.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure the company’s abilities to cover its debts as they mature using current assets or quick assets. Because many biotech many companies rely heavily on the continuation of investor support, the current and quick ratios can seem upsetting. However, quite a few gems in the biotechnology space come with great quick and current ratios. When it comes to ALQA, the quick and current ratios add up to 6.70 and 6.80 respectively.  

Book To Share Value – The book to share value compares the the share price to the current book value of assets that are owned by the company. In this particular case, the book to share value ratio works out to 1.66.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the price of the company’s stock. Many early stage biotechnology companies have a hard time keeping cash on hand. So, if you’re interested in a stock in the biotechnology space, this is a very important ratio to consider. In this case, the cash to share value is 1.68.

How Analysts Feel About Alliqua BioMedical, Inc.

While it’s never a good idea to blindly follow the thoughts of analysts, it is a smart idea to consider their thoughts when validating your own thoughts when it comes to making an investment decision in the biotech industry. Below are|Here are} the recent moves that we’ve seen from analysts when it comes to ALQA.

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Jan-08-18 Downgrade H.C. Wainwright Buy → Neutral $4.50 → $2.80
Apr-07-17 Reiterated H.C. Wainwright Buy $2.50 → $1.50
Mar-08-17 Reiterated Chardan Capital Markets Buy $2 → $1.25
Feb-24-16 Reiterated RBC Capital Mkts Outperform $6 → $3
Feb-24-16 Reiterated Chardan Capital Markets Buy $4.25 → $2.25

Big Money And Alliqua BioMedical, Inc.

An interesting fact I have learned so far in my short period on Earth is that good investors tend to follow the moves made by big money players. So, investors that are looking to keep the risk down will keep their eyes on investments made by institutions as well as insiders. With that said, what does the big money picture look like as it relates to ALQA? Here’s the information:

Institutions own 13.90% of the company. Institutional interest has moved by -35.97% over the past three months. When it comes to insiders, those who are close to the company currently own 21.94% percent of ALQA shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

Looking At Share Counts

Traders and investors tend to have an interest in the amounts of shares both available and outstanding. As it relates to Alliqua BioMedical, Inc., there are currently 5.29M and there is a float of 3.91M. This means that of the total of 5.29M shares of ALQA currently in existence today, 3.91M are available to be traded on the public market.

It’s also important to follow the short percent. Think about it, if a high percentage of the float available for trading is shorted, the overall opinion in the market is that the stock is headed for a dive. As far as it relates to ALQA, the percentage of the float that is sold short is 5.58%. Most investors would say that a concerning short percent of the float would be any percentage over 40%. In my research, I have found that any short percent of the float over 26% is likely a a play that could prove to be very risky.

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, ALQA has generated revenue in the amount of $4.30% with earnings coming in at 46.20%. On a quarter over quarter basis, earnings have seen movement of -707.30% and revenue has seen movement of -28.60%.

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