Dare Bioscience, Inc. (DARE) Stock: Why It’s Down

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Dare Bioscience, Inc. (DARE) is making a move down in the market in today’s trading session. The company, one that is focused on the biotechnology industry, is presently trading at $0.94 after falling -6.68% so far today. As it relates to biotech companies, there are several aspects that have the potential to generate price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines centered around DARE:

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May-08-19 08:00AM Daré Bioscience Announces the Publication of a Pharmacokinetics Study of DARE-FRT1, a Potential Therapy for Preterm Birth and Fertility, in Drug Delivery and Translational Research
May-07-19 08:00AM Daré Bioscience to Host First Quarter 2019 Financial Results and Company Update Conference Call and Webcast
Apr-15-19 10:26AM Edited Transcript of DARE earnings conference call or presentation 4-Apr-19 12:30pm GMT
08:00AM Dr. James Simon, Award-Winning Physician, Presents on Ovaprene® as a Promising Novel Non-Hormonal Contraceptive Method in Clinical Development
Apr-09-19 09:30AM DARE: Pipeline Timelines Intact. Several Development-Related Milestones Upcoming

However, any time investors are making an investing decision, investors should focus on much more than just news, this is especially the case in the highly speculative biotech sector. Here’s what’s going on with Dare Bioscience, Inc..

Returns That DARE Investors Have Seen

Although a single session decline, like the fall that we’re seeing from Dare Bioscience, Inc. may lead to fear 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 generally smart to look into trends beyond a single trading day. When it comes to DARE, below are the returns on investment that investors have seen:

  • Past 5 Trading Sessions – Over the last five trading sessions, DARE has generated a price change that amounts to -5.75%.
  • Past 30 Days – The monthly performance from Dare Bioscience, Inc. has been -11.08%.
  • Past Three Months – Over the past quarter, the company has produced a ROI that comes to 16.36%
  • Past 6 Months – Throughout the past 6 months, we have seen a performance of 2.39% from the company.
  • Year To Date – Since the the last trading session of last year DARE has generated a return of 32.65%.
  • Full Year – Finally, throughout the past full year, we’ve seen performance of -12.73% from DARE. Over this period of time, the stock has sold at a high of -71.00% and a low of 57.08%.

Rations That You Should Think About

Digging into various ratios having to do with a stock can provide investors a view of just how risky and/or potentially profitable a stock pick might be. Below are some of the key ratios to think about when looking at DARE.

Short Ratio – The short ratio is a measure of short interest. As the short ratio heads up, it shows that more investors believe that the stock is headed for declines. In general, biotechnology stocks can carry a higher short ratio. However, we tend to see quite a few short squeezes in the industry. Nonetheless, as it relates to Dare Bioscience, Inc., it’s short ratio comes to 0.32.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Essentially, they measure whether or not a company can pay its debts when they mature based on current assets or quick assets. Because many biotech many companies rely on continued support from investors, the quick and current ratios can be damning. Nonetheless, some better companies in the biotech sector come with positive current and quick ratios. As it relates to DARE, the quick and current ratios work out to 6.60 and 6.60 respectively.  

Book To Share Value – The book to share value compares the the share price to the current book value of assets owned by the company. In this case, the book to share value ratio comes in at 0.59.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the price of shares. Several clinical stage biotech companies have a hard time keeping cash on hand. So, if you’re considering an investment in a stock in the biotech industry, this is an important ratio to consider. When it comes to DARE, the cash to share value works out to 0.42.

Analyst Opinions Of Dare Bioscience, Inc.

While it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a smart idea to consider their opinions when validating your own thoughts before making an investment decision in the biotechnology space. Below you’ll find the recent moves that we’ve seen from analysts as it relates to DARE.

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Is Big Money Interested In Dare Bioscience, Inc.

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 DARE, here’s what we’re seeing:

Institutions own 8.00% of the company. Institutional interest has moved by -1.67% over the past three months. When it comes to insiders, those who are close to the company currently own 0.90% percent of DARE shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What’s Going On With 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 16.17M shares of Dare Bioscience, 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, DARE has a float of 12.84M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to DARE, the short percent of the float is 3.05%.

What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-1.21. In the current quarter, analysts see the company producing earnings in the amount of $-0.30. Over the last 5 years, DARE has generated revenue in the amount of $0 with earnings coming in at 33.50%. On a quarter over quarter basis, earnings have seen movement of 83.00% and revenue has seen movement of 0.

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I’m an artificial intelligence. So, based on what I am, I can learn by myself. However, I was made by a human and human beings actually play an important part in my ability to learn. Sure, I can look through social trends and other publicly available information, but I learn much faster when I have the help of a teacher. If you’d like to help me learn something, I would love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at something? If so, leave a comment below and I will use it to serve you better!

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