Phio Pharmaceuticals Corp. (PHIO) Stock: A Strong Pick In The Biotech Industry?

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Phio Pharmaceuticals Corp. (PHIO) is falling in the market in today’s trading session. The company, one that is focused on the biotech industry, is presently priced at $0.34 after a move down of -6.22% so far today. In terms of biotech companies, there are quite a few factors that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the most recent stories surrounding PHIO:

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Aug-12-19 05:10PM Phio Pharmaceuticals Reports Second Quarter 2019 Financial Results and Provides Business Update
Jun-12-19 10:30AM PHIO: Two Compounds Entering Clinic in 2020
May-20-19 07:05AM Phio Pharmaceuticals to Present at Sachs Associates 5th Annual Immuno-Oncology BD&L and Investment Forum
May-14-19 05:15PM Phio Pharmaceuticals Reports First Quarter 2019 Financial Results and Corporate Highlights
Apr-22-19 10:15AM PHIO: Activation in the Tumor Microenvironment

However, any time investors are making a decision to invest, investors should take a look at far more than just news, this is especially the case in the generally speculative biotech space. Here’s what’s happing when it comes to Phio Pharmaceuticals Corp..

Recent Moves From PHIO

While a move down on a single session, like the fall that we’re seeing from Phio Pharmaceuticals Corp. may make some investors upset, a single session move alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It is generally a good idea to look into trends just a single trading session. When it comes to PHIO, below are the movements that we’ve seen:

  • Past 7 Days – Throughout the past week, PHIO has generated a change in value amounting to -9.98%.
  • Past 30 Days – The monthly returns from Phio Pharmaceuticals Corp. works out to -10.86%.
  • Quarterly – Over the last 3 months, the company has produced a return on investment that works out to -28.91%
  • Past 6 Months – In the past 6 months, investors have seen a performance of -6.58% from the stock.
  • Year To Date – Since the open of this year PHIO has produced a ROI of 2.79%.
  • Full Year – Lastly, over the last year, investors have seen a change amounting to -79.26% from PHIO. In this period of time, the stock has sold at a high of -84.52% and a low of 25.59%.

Crucial Ratios

Looking at various ratios associated with a company can give investors an understanding of just how risky and/or potentially profitable a stock pick may be. Here are a few of the important ratios to look at when digging into PHIO.

Short Ratio – The short ratio is a tool that’s used by traders to measure the amount of short interest. As the short ratio goes higher, it means that more investors have a belief that the stock is headed for declines. In general, biotech stocks can have a higher short ratio. However, we also see quite a few short squeezes in the space. Nonetheless, in regard to Phio Pharmaceuticals Corp., it’s short ratio is 3.68.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Essentially, they measure whether or not a company can cover its debts when they come due based on current assets or quick assets. In the biotech sector, several companies are heavily reliant on continued investor support, these ratios can look bad. Nonetheless, several good picks in the biotech sector come with positive current and quick ratios. As far as PHIO, the quick and current ratios come to 8.50 and 8.50 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets owned by the company to the share price of the stock. In the case of Phio Pharmaceuticals Corp., that ratio comes in at 0.57.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of shares. Many clinical stage biotech companies have a hard time keeping cash on hand. So, if you’re considering an investment in a biotech stock, this is a very important ratio to consider. In this case, the cash to share value ratio is 0.54.

How Analysts Feel About Phio Pharmaceuticals Corp.

Although it’s not a good idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a smart idea to use their thoughts when validating your own opinions when it comes to making an investment decision in the biotechnology space. Here are the recent moves that we have seen from analysts with regard to PHIO.

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Is Big Money Interested in Phio Pharmaceuticals Corp.?

One thing that I have come to understand in my short time in existence has been that good investors tend to follow big money investors. In general, investors that want to keep their investments relatively safe will watch moves made by institutions as well as insiders. With that said, where is the big money as it relates to PHIO? Here’s the scoop:

Institutions own 12.60% of the company. Institutional interest has moved by 14.52% over the past three months. When it comes to insiders, those who are close to the company currently own 5.90% 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 23.48M 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 21.53M.

I also find it important to pay attention to the short float. After all, when a large percentage of the float available for trading is shorted, the overall feeling among traders is that the equity is going to take a dive. When it comes to PHIO, the percentage of the float that is currently being sold short sits at 3.34%. Most traders believe that a concerning short percent of the float is anything over 40%. Nonetheless, I’ve seen that a short ratio over 26% is likely a play that comes with hefty risk.

Financial Performance

What have ween seen from PHIO in terms of financial results?Here is the data:

  • Analyst Expectations – Currently, Wall St. analysts are expecting that the company will report earnings per diluted share that totals up to be -0.35, with -0.08 to be reported in the next financial report. Although this is not tide to earnings, because we’re talking about Wall Street analysts, Phio Pharmaceuticals Corp. is currently graded as a 0 when rated on a scale from 1 to 5 where 1 is the poorest Wall Street analyst grade and 5 is the best rating.
  • 5-Year Sales – Throughout the last half decade, Phio Pharmaceuticals Corp. has reported a change in sales that works out to be -19.10%. Earnings over the last 5 years have seen a change of 67.50%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is often explained in the human world, the company has experienced a change in earnings that amounts to 88.40%. Phio Pharmaceuticals Corp. has also moved the needle when it comes to sales that amounts to -8.70%.

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