Stocks of TransCode Therapeutics Inc (NASDAQ:RNAZ) traded higher last session on Wall Street, down -10.62% to $1.01.
RNAZ stock price is now 2.65% away from the 50-day moving average and -88.25% away from the 200-day moving average. The market capitalization of the company currently stands at $6.64M.
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In other news, Dudley Robert Michael, Chief Executive Officer bought 98,000 shares of the company’s stock on Sep 28 ’23. The stock was bought for $49,980 at an average price of $0.51. Upon completion of the transaction, the Chief Executive Officer now directly owns 180,262 shares in the company, valued at $0.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 28 ’23, Chief Financial Officer Fitzgerald Thomas A bought 49,350 shares of the business’s stock. A total of $25,168 was incurred on buying the stock at an average price of $0.51. This leaves the insider owning 56,318 shares of the company worth $56881.18. A total of 0.49% of the company’s stock is owned by insiders.
During the past 12 months, TransCode Therapeutics Inc has had a low of $0.42 and a high of $128.00. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 2.48, and a quick ratio of 2.48. The fifty day moving average price for RNAZ is $0.99106 and a two-hundred day moving average price translates $8.311275 for the stock.
The latest earnings results from TransCode Therapeutics Inc (NASDAQ: RNAZ) was released for 2024-03-31. The company reported revenue of $3.29 million for the quarter, compared to $4.89 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -32.71 percent.
