Phio Pharmaceuticals Corp. (PHIO) Stock: Is This Biotech Stock Worth Your Time?

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Phio Pharmaceuticals Corp. (PHIO) is making a move up in the market in today’s trading session. The company, focused on the biotech sector, is presently priced at $0.45 after a move up of 7.14% so far today. When it comes to biotech stocks, there are quite a few aspects that have the potential to cause price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent headlines centered around PHIO:

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Feb-15-19 07:15AM Phio Pharmaceuticals Appoints Gerrit Dispersyn as New Chief Executive Officer Effective March 1
Dec-18-18 07:05AM Phio Pharmaceuticals to Present at Biotech Showcase 2019 in San Francisco
Dec-04-18 07:05AM Phio Pharmaceuticals to Present at the Tumor Targeted Lymphocytes Summit in Boston on December 13
Dec-03-18 11:30AM PHIO: Soldiering On as We Wait for Bids
Nov-19-18 07:00AM RXi Pharmaceuticals Corporation Changes Name to Phio Pharmaceuticals Corp.

Nonetheless, any time investors are making a decision to invest, investors should focus on far more than news, this is especially the case in the speculative biotech industry. Here’s what’s happening with Phio Pharmaceuticals Corp..

The Performance That PHIO Investors Have Experienced

While a move toward the top in a single session, like the move that we’re seeing from Phio Pharmaceuticals Corp. may lead to excitement in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, invest in a stock. It’s always important to look into trends further out than a single trading day. In the case of PHIO, below are the returns on investment that we’ve seen:

  • Past Seven Days – Over the past week, PHIO has generated a change in price in the amount of 13.51%.
  • Past Month – The monthly performance from Phio Pharmaceuticals Corp. has been 15.64%.
  • Past Three Months – Throughout the past three months, the company has generated a ROI of 19.90%
  • Past Six Months – Over the last six months, we have seen a performance that equates to -70.63% from the stock.
  • Year To Date – Since the the last trading session of last year PHIO has produced a ROI of 27.31%.
  • Annually – Lastly, throughout the last full year, we’ve seen a change that works out to -90.77% out of PHIO. Throughout this period, the stock has traded at a high of -92.86% and a low of 66.67%.

Ratios To Watch

Looking at a few ratios having to do with a stock can provide traders a look of just how dangerous and/or rewarding a an investment option may be. Here are some of the key ratios to think about when digging into PHIO.

Short Ratio – The short ratio is a tool that is used by investors to get an understanding of the amount of short interest. The higher this short ratio, the more investors are expecting that the price of the stock is going to tumble. In general, biotech stocks tend to carry a higher short ratio. However, we also see a lot of short squeezes in the space. Nonetheless, as it relates to Phio Pharmaceuticals Corp., it’s short ratio comes to 0.38.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Basically, they measure the company’s abilities to pay for its debts when they mature using current assets or quick assets. Because many biotech many companies are heavily reliant on the continuation of investor support, the quick and current ratios can be damning. However, quite a few gems in the biotechnology industry come with great quick and current ratios. As far as PHIO, the quick and current ratios work out to 1.80 and 1.80 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets owned by the company. In this particular case, the book to share value ratio is 0.40.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. Several early stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotechnology sector, this is an important ratio to look into. In this case, the cash to share value ratio comes to 0.18.

How Analysts Feel About Phio Pharmaceuticals Corp.

Although it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a good idea to use their thoughts when validating your own thoughts when it comes to making investment decisions in the biotech industry. Below are|Here are} the recent moves that we have seen from analysts with regard to PHIO.

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Smart Money Follows Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in PHIO, here’s what we’re seeing:

Institutions own 16.10% of the company. Institutional interest has moved by 189.93% over the past three months. When it comes to insiders, those who are close to the company currently own 3.80% percent of PHIO shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What You Need To Know About Share Counts

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 18.10M shares of Phio Pharmaceuticals Corp. 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, PHIO has a float of 17.25M.

I also find it important to pay attention to the short percent. After all, if a high portion of the float available for trading is shorted, the overall opinion in the market is that the stock is going to lose value. With regard to PHIO, the short percentage of the float is currently 0.86%. In general, high short percent of the float is any percentage over 40%. However, I have calculated that anything over 26% is generally a risky play.

What We’ve Seen In Financial Results

What have ween seen from PHIO in terms of financial results?Here’s the information:

  • Analyst Expectations – Currently, Wall St. analysts have expectations that the company will come up with EPS that comes to -0.33, with -0.11 being announced in the earnings report for the current quarter. Although this data isn’t earnings driven, because we’re chatting about Wall Street analysts, Phio Pharmaceuticals Corp. is presently graded as a 0 on a scale from 1 to 5 on which 1 is the poorest possible Wall St. analyst rating and 5 is the best.
  • 5-Year Sales – Throughout the past 5 years, Phio Pharmaceuticals Corp. has reported a movement in sales volume that works out to be 0. Earnings per diluted share through the past half decade have generated a change of 60.30%.
  • Q/Q – when it comes to quarter over quarter earnings data, or Q/Q data as it is commonly explained in the world of humans, Phio Pharmaceuticals Corp. has experienced a change in earnings that amounts to 67.60%. The company has also seen movement in terms of sales volume in the amount of 0.

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