Stocks Rallying on Profitability Valuation: Rexahn Pharmaceuticals, Inc. (NYSE:RNN)

Rexahn Pharmaceuticals, Inc. (NYSE:RNN) under comprehensive financial analysis presented as an active mover. Shares jumped up 2.54% to trade at $0.46 in recent trading session. It has price to book ratio of 6.57, which gauges the market price of a share over its book value.

Analysts Rating

The RNN held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The RNN ratings chart showed that 0 gave HOLD ratings for the current month as 1 analyst opting for Overweight option for same period, whereas, 1 analyst out of pool gave UNDERWEIGHT rating. For stocks’ current month, 1″ Analyst opted for BUY ratings as compared to 0 opting for SELL in the same period. The stock price target chart showed average price target of 2.50 as compared to current price of 0.46.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $-0.01 and on annual basis FY 2016 estimate trends at current was for $-0.07 as compared to one month ago of $-0.12, and for next year per share earnings estimates have $-0.08.

Profitability Analysis

The returns on assets were -41.40% that gives an idea about how efficient management is at using its assets to generate earnings. It has returns on equity of -55.30%, which is measuring profitability by disclosing how much profit generates by RNN with the shareholders’ money.

The firm attains analyst recommendation of 1.50 on scale of 1-5. The co has price volatility of 28.49% for a week and 16.77% for a month. Narrow down focus to firm performance, its weekly performance was 89.14% and monthly performance was 125.93%. The stock price of RNN is moving up from its 20 days moving average with 70.12% and isolated positively from 50 days moving average with 119.66%.

Rexahn Pharmaceuticals, Inc. (NYSE:RNN) current ratio calculated as 11.10, this value is acceptable if it lies in 1.3% to 3%. But it varies industry to industry. To strengthen these views, active industry firm has Quick Ratio of 11.10, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.00, sometimes it remain same with long term debt to equity ratio.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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