Can-Fite Biopharma Ltd ADR (CANF) saw an uptrend of 7.76% in the recent trading with $0.53 being its most recent. The current price level -83.08% lower than the highest price of $3.12 marked by the stock while trading over the past 52-weeks, whereas it is 11.63% higher than the lowest price of $0.47 the company dropped to over past 52-weeks. The latest news story on CANF appeared in (GlobeNewswire) under the title “Can-Fite Reports Complete Resolution of Esophageal Varices in Decompensated Cirrhosis Patient Treated with Namodenoson”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Can-Fite Biopharma Ltd ADR Earnings – What Happened With CANF
Coming around sales and income figures on CANF Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
CANF – Can-Fite Biopharma Ltd ADR Stock Earnings Estimates
The perspective of Can-Fite Biopharma Ltd ADR (AMEX:CANF)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.24 for stock’s EPS in the current quarter.
Can-Fite Biopharma Ltd ADR – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 4.53 million. CANF does have institutional investors; and they hold 5.30% of the stock.
As on 2024-06-30, ARMISTICE CAPITAL, LLC was the top most holder in Can-Fite Biopharma Ltd ADR (AMEX:CANF) with an ownership of 0.52 million shares of the company or 7.12 of the stake worth $1.34 million. The filing also reveals MORGAN STANLEY as the second largest holder in the company with a control over 0.9305 of the outstanding shares. Its stake is worth $0.17 million for having 67807.0 shares in hand.
RHUMBLINE ADVISERS also came holding a key position in the company during the recent quarter and it now holds 0.2113 of the outstanding shares. With this there are now 17.0 institutions which have possession in CANF’s shares.
Key Metrics for CANF
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Can-Fite Biopharma Ltd ADR has a debt to equity ratio of 0.02.
