Allarity Therapeutics Inc (NASDAQ:ALLR): A Fundamentally Weighted Stock for Long-Term Investors

The stock of Allarity Therapeutics Inc (NASDAQ:ALLR) last traded at $0.64, up 10.48% from the previous session.

ALLR stock price is now -79.80% away from the 50-day moving average and -94.71% away from the 200-day moving average. The market capitalization of the company currently stands at $11.27M.

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A total of 6.95% of the company’s stock is owned by insiders.

During the past 12 months, Allarity Therapeutics Inc has had a low of $0.55 and a high of $283.20. The fifty day moving average price for ALLR is $3.16774 and a two-hundred day moving average price translates $12.087235 for the stock.

The latest earnings results from Allarity Therapeutics Inc (NASDAQ: ALLR) was released for 2023-12-31. According to the Biotechnology Company, earnings per share came in at -525.6, missing analysts’ expectations of -223.8 by -301.8. This compares to -$6,348.49 EPS in the same period last year. The company reported revenue of $4.24 million for the quarter, compared to $3.67 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.59 percent.

Allarity Therapeutics Inc(ALLR) Company Profile

Allarity Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in developing oncology therapeutics using drug-specific companion diagnostics generated by its drug response predictor technology. Its drug candidates include Stenoparib, a poly-ADP-ribose polymerase inhibitor that is in Phase 2 clinical trials for ovarian cancer; Dovitinib, a pan- tyrosine kinase inhibitor for the treatment of renal cell carcinoma; IXEMPRA (ixabepilone), a selective microtubule inhibitor in phase 2 for the treatment of metastatic breast cancer; LiPlaCis, a liposomal formulation of cisplatin, which is in Phase 2 clinical trials for metastatic breast cancer; and 2X-111, a liposomal formulation of doxorubicin that is in Phase 2 clinical trials for metastatic breast cancer and glioblastoma multiforme. Allarity Therapeutics, Inc. has a collaboration with Detsamma Investments Pty. Ltd. to develop Deflexifol for the treatment of solid tumors. The company was incorporated in 2004 and is headquartered in Boston, Massachusetts.

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