Dare Bioscience, Inc. (DARE) Stock: A Biotechnology Stock That’s Making Its Way For The Top

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Dare Bioscience, Inc. (DARE) is making a move up in the market today. The company, focused in the biotechnology industry, is presently trading at $0.83 after a move up of 5.45% so far today. In terms of biotech companies, there are several aspects that have the potential to generate price movement in the market. One of the most common is news. Here are the recent headlines surrounding DARE:

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Jun-26-19 08:00AM Daré Bioscience Completes Recruitment in Pre-Pivotal Trial Of Monthly Woman-Controlled, Hormone-Free Contraceptive Candidate, Ovaprene®
Jun-17-19 08:00AM Daré Bioscience, Inc. Announces Positive Results in Thermography Feasibility Study with Sildenafil Cream, 3.6%, a Potential Therapy for Female Sexual Arousal Disorder
May-29-19 08:00AM Daré Bioscience to Present at the 2019 BIO International Convention
May-28-19 03:00PM DARE: Several Important Milestones, Including Ovaprene PCT Read-Out, Anticipated Later This Year
11:22AM Edited Transcript of DARE earnings conference call or presentation 14-May-19 8:30pm GMT

Nonetheless, when making a decision with regard to investing, prospective investors should focus on much more than just news, this is especially the case in the highly speculative biotech sector. Here’s what’s happing when it comes to Dare Bioscience, Inc..

Recent Trends From DARE

While a move up on a single session, like what we’re seeing from Dare Bioscience, Inc. may make some investors excited, that by itself should not be the reason for a decision to, or not to, invest in a stock. It is generally a good idea to take a look at trends experienced by the stock for a period longer than a single session. As it relates to DARE, below are the trends that investors have seen:

  • Past 5 Sessions – Throughout the last week, DARE has seen a change in value that amounts to 1.70%.
  • Past 30 Days – The monthly returns from Dare Bioscience, Inc. works out to -4.89%.
  • Past Quarter – In the past three months, the stock has generated a return that comes to -21.93%
  • Past 6 Months – In the past 6 months, we have seen a performance that works out to 0.58% from the stock.
  • This Year So Far – Since the open of this year DARE has produced a return of 16.47%.
  • Full Year – Finally, throughout the past year, investors have seen a change that works out to -33.80% from DARE. Throughout this period of time, the stock has sold at a high of -74.54% and a low of 37.92%.

Ratios Of Note

Looking at a few ratios having to do with a company generally gives traders an understanding of how risky and/or potentially profitable a an investment option might be. Here are a few of the important ratios to think about when digging into DARE.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it means that more investors are expecting that the value of the stock is headed for declines. In general, biotechnology stocks can have a higher short ratio. On the other hand, we also see quite a few short squeezes in the sector. Nonetheless, in regard to Dare Bioscience, Inc., the stock’s short ratio is 1.19.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure If a company is able to pay its debts when they come due with only quick assets or current assets. In the biotech industry, several companies are heavily reliant on continued investor support, the current and quick ratios can seem bad. However, some better companies in the biotechnology industry do have strong quick and current ratios. In terms of DARE, the quick and current ratios total up to 4.20 and 4.20 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the share price. In this case, that ratio works out to 0.33.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. Several clinical stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotech sector, this is an important ratio to look into. In terms of DARE, the cash to share value ratio works out to 0.21.

How Analysts Feel About Dare Bioscience, Inc.

While it’s rarely a good idea to blindly follow the thoughts of analysts, it is a good idea to use their thoughts when validating your own opinions before making investment decisions in the biotech space. Here are the recent moves that we’ve seen from analysts with regard to DARE.

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Show Me The Big Money

An interesting fact I have learned so far in my short time in existence is that smart money tends to follow the moves made by big money. In other words, investors that want to play it relatively safe will watch trades made by institutional investors as well as those on the inside. So, is big money interested in regard to DARE? Here’s what’s happening:

  • Institutional Investors – As it stands now, institutional investors hold 8.10% of Dare Bioscience, Inc.. Nonetheless, it’s worth considering that institutional ownership has moved in the amount of 4.21% throughout the past quarter.
  • Insiders – When it comes to insiders, those close to the situation currently own 0.80% of the company. Their ownership of the company has seen a change of 0 over the past 3 months.

How Many Shares Of DARE 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 16.82M 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 13.52M.

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 3.41%.

What We’ve Seen In earnings results

What have ween seen from DARE in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands, analysts are expecting that Dare Bioscience, Inc. will generate earnings per diluted share that comes to -0.81, with -0.20 to be reported in the report for the current quarter. Although this information isn’t earnings driven, since we are talking on the topic of Wall Street analysts, DARE is currently graded as a 0 when rated on a scale from 1 to 5 on which 1 is the poorest analyst grade and 5 is the best possible.
  • 5-Year Sales – Throughout the past 5 years, Dare Bioscience, Inc. has generated a change in sales that works out to 0. EPS over the period have generated a change of 33.50%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is generally referred to as in the world of humans, the company has experienced a earnings change by 69.70%. Dare Bioscience, Inc. has also experienced movement in regard to sales that totals 0.

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