The price of Windtree Therapeutics Inc (NASDAQ:WINT) shares last traded on Wall Street rose 6.91% to $3.17.
WINT stock price is now -53.90% away from the 50-day moving average and -56.82% away from the 200-day moving average. The market capitalization of the company currently stands at $1.62M.
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With the price target of $12.25, Ladenburg Thalmann recently initiated with Buy rating for Windtree Therapeutics Inc (NASDAQ: WINT).
In other news, Fraser Craig, President and CEO bought 2,500 shares of the company’s stock on Sep 27 ’23. The stock was bought for $2,550 at an average price of $1.02. Upon completion of the transaction, the President and CEO now directly owns 57,877 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 26 ’23, President and CEO Fraser Craig bought 2,500 shares of the business’s stock. A total of $2,250 was incurred on buying the stock at an average price of $0.90. This leaves the insider owning 55,377 shares of the company worth $0.18 million. A total of 13.38% of the company’s stock is owned by insiders.
During the past 12 months, Windtree Therapeutics Inc has had a low of $2.75 and a high of $27.00. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 0.23, and a quick ratio of 0.23. The fifty day moving average price for WINT is $6.876 and a two-hundred day moving average price translates $7.27565 for the stock.
The latest earnings results from Windtree Therapeutics Inc (NASDAQ: WINT) was released for 2024-06-30. The company reported revenue of $11.45 million for the quarter, compared to $6.76 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 69.48 percent.