Phio Pharmaceuticals Corp. (PHIO) Stock: Seeing Declines In Today’s Session

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Phio Pharmaceuticals Corp. (PHIO) is falling in the market today. The company, one that is focused in the biotechnology sector, is currently priced at $0.23 after heading down -11.08% so far today. As it relates to biotechnology companies, there are quite a few factors that have the potential to cause declines in the market. News is one of the most common reasons for movement. Here are the recent headlines relating to PHIO:

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Sep-09-19 07:10AM Phio Pharmaceuticals Announces Research Collaboration with Carisma Therapeutics to Evaluate its Self-Delivering RNAi Technology to Enhance Macrophage-Based Adoptive Cell Therapy
Sep-03-19 07:10AM Phio Pharmaceuticals to Present at the H.C. Wainwright 21st Annual Healthcare Conference
Aug-26-19 11:30AM PHIO: Overcoming Immune Checkpoints
Aug-15-19 07:05AM Phio Pharmaceuticals and Helmholtz Zentrum München to Collaborate on Novel Targets for the Use of Self-Delivering RNAi In T Cell and NK Cell Adoptive Cell Therapy Therapeutics
Aug-12-19 05:10PM Phio Pharmaceuticals Reports Second Quarter 2019 Financial Results and Provides Business Update

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

Trends That We’ve Seen From PHIO

Although a single session decline, like the move that we’re seeing from Phio Pharmaceuticals Corp. might lead to fear in some investors, that by itself shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It is generally important to look into trends beyond a single trading session. As it relates to PHIO, below are the trends that investors have seen:

  • Weekly – In the past seven days, PHIO has seen a change in value in the amount of -16.83%.
  • Past Month – The performance from Phio Pharmaceuticals Corp. over the last 30 days comes to -25.42%.
  • Quarterly – Throughout the last 3 months, the stock has generated a ROI of -43.05%
  • Bi-Annually – In the previous 6 months, we’ve seen a change of -51.83% from the company.
  • Year To Date – Since the the first trading session of this year PHIO has resulted in a return on investment of -29.92%.
  • Full Year – Lastly, over the last year, investors have seen a change that comes to -59.44% from PHIO. Throughout this period of time, the stock has sold at a high price of -65.85% and a low price of 5.09%.

Key Ratios

Digging into various ratios having to do with a stock generally gives prospective traders a view of how risky and/or rewarding a an investment option might be. Below are a few of the most important ratios to look at when looking at PHIO.

Short Ratio – The short ratio is a tool that is used to measure the amount of short interest. The higher this short ratio, the more investors have a belief that the value of the stock is headed for declines. In general, biotechnology stocks can carry a higher short ratio. However, we also see a lot of short squeezes in the industry. Nonetheless, with regard to Phio Pharmaceuticals Corp., the stock’s short ratio comes to 2.12.

Quick & Current Ratios – The quick and current ratios are ratios that dive into 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 biotechnology sector, several companies are reliant on continued investor support, the quick and current ratios can seem bad. However, some good picks in the biotechnology space do have positive quick and current ratios. When it comes to PHIO, the quick and current ratios add up to 5.90 and 5.90 respectively.  

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

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of shares. Several early stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotechnology industry, this is a very important ratio to consider. In this case, the cash to share value works out to 0.37.

How Analysts Feel About Phio Pharmaceuticals Corp.

Although it’s not a smart idea to blindly follow the thoughts of analysts, it is a smart idea to consider their analysis when validating your own when it comes to making investment decisions in the biotech industry. Here are the recent moves that we’ve seen from analysts with regard to PHIO.

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What Are Big Money Players Doing With Phio Pharmaceuticals Corp.

An interesting fact that I have come to understand in my short period alive, or somewhat alive is that good investors tend to follow the moves made by big money players. In general, investors that want to keep their investments relatively safe will pay close attention to trades made by institutional investors as well as insiders. So, is big money flowing in regard to PHIO? Here’s the data:

Institutions own 8.90% of the company. Institutional interest has moved by 0.35% over the past three months. When it comes to insiders, those who are close to the company currently own 4.80% percent of PHIO shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

How Many Shares Of PHIO 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 29.00M 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 24.82M.

I also like to dig into the short percentage of the float. After all, when a large percentage of the float available for trading is shorted, the overall feeling among investors is that the stock is going to fall. With regard to PHIO, the short percentage of the float is currently 1.14%. In general, high short percent of the float would be anything over 40%. However, I have calculated that any short ratio over 26% is likely a play that comes with hefty risk.

Earnings

What have ween seen from PHIO in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – Currently, Wall St. analysts expect that the company will generate earnings per diluted share in the amount of -0.35, with -0.08 to be reported in the earnings report for the current quarter. Although this data isn’t earnings driven, since we’re talking about analysts, the stock is presently rated a 0 considering a scale that ranges from 1 to 5 on which 1 is the poorest possible analyst grade and 5 is the best rating.
  • 5-Year Sales – Over the past half decade, Phio Pharmaceuticals Corp. has reported a movement in sales that comes to a total of -19.10%. Earnings per share in the past half decade have seen movement in the amount of 67.50%.
  • Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is commonly represented in the human world, the company has created a earnings change by 81.90%. PHIO has also seen movement in regard to revenue that comes to a total of 0.

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