TransCode Therapeutics Inc (NASDAQ:RNAZ) shares traded 55.58% higher at $0.65 on Wall Street last session.
RNAZ stock price is now 91.30% away from the 50-day moving average and -55.31% away from the 200-day moving average. The market capitalization of the company currently stands at $11.20M.
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In other news, Fitzgerald Thomas A, Chief Financial Officer bought 49,350 shares of the company’s stock on Sep 28 ’23. The stock was bought for $25,168 at an average price of $0.51. Upon completion of the transaction, the Chief Financial Officer now directly owns 56,318 shares in the company, valued at $36606.7. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 28 ’23, Chief Executive Officer Dudley Robert Michael bought 98,000 shares of the business’s stock. A total of $49,980 was incurred on buying the stock at an average price of $0.51. This leaves the insider owning 180,262 shares of the company worth $0.12 million. A total of 0.19% of the company’s stock is owned by insiders.
During the past 12 months, TransCode Therapeutics Inc has had a low of $0.22 and a high of $128.00. As of last week, the company has a debt-to-equity ratio of 0.17, a current ratio of 1.25, and a quick ratio of 1.25. The fifty day moving average price for RNAZ is $0.33248 and a two-hundred day moving average price translates $1.414535 for the stock.
The latest earnings results from TransCode Therapeutics Inc (NASDAQ: RNAZ) was released for 2024-06-30. The company reported revenue of $5.11 million for the quarter, compared to $5.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.18 percent.
