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Bio-Path Holdings Inc. (BPTH) saw downtrend of -3.25% in the recent trading with $7.14 being its most recent. The current price level -70.67% lower than the highest price of $24.34 marked by the stock while trading over the past 52-weeks, whereas it is 144.50% higher than the lowest price of $2.92 the company dropped to over past 52-weeks. The latest news story on BPTH appeared in GlobeNewswire under the title “Bio-Path Holdings, Inc. Announces Closing of $13.0 Million Public Offering of Common Stock” on Feb-18-21.

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Squeezing the time span to 30 day period shows us the stock is currently trading -70.67% below one month high and is +80.30% above of the lowest during that time. Looking into the simple moving average, Bio-Path Holdings Inc. (BPTH)’s stock stands at a SMA-50 of $4.84 while that of 5-day is reading $7.38.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and BPTH’s SMA-200 as of now is $4.61.

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. 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.

Bio-Path Holdings Inc. Earnings – What Happened With BPTH

Coming around sales and income figures, publically 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. Bio-Path Holdings Inc. (BPTH) last released financial results for the quarter that ended 9/29/2020, posting a surprise factor of 3.60% for net revenue.

BPTH – Bio-Path Holdings Inc. Stock Earnings Estimates

The perspective of Bio-Path Holdings Inc. (NASDAQ:BPTH)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.83 for stock’s EPS in the current quarter. 1 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.8.

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 4.54 million. BPTH does have institutional investors; and they hold 9.80% of the stock.

Bio-Path Holdings Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, BPTH declared 0 shares have been sold in 0 insider transactions over the past three months.

As on Dec 30, 2020, Vanguard Group, Inc. (The) was the top most holder in Bio-Path Holdings Inc. (NASDAQ:BPTH) with an ownership of 96760.0 shares of the company or 1.39% of the stake worth $0.34 million. The filing also reveals Renaissance Technologies, LLC as the second largest holder in the company with a control over 1.12% of the outstanding shares. Its stake is worth $0.27 million for having 77587.0 shares in hand.

Blackrock Inc. also came holding a key position in the company during the recent quarter and it now holds 0.86% of the outstanding shares. With this there are now 18 institutions which have possession in BPTH’s shares.

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 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, current ratio recorded by Bio-Path Holdings Inc. was 17.68 while posting a debt to equity ratio of 0.00. The count was 1.57 for long-term debt to equity ratio.

Bio-Path Holdings Inc.’s return on equity, or ROE, is -62.90%, compared to the industry average of -46.53% for Healthcare – Biotechnology. Although this indicates that BPTH fails to use its equity well, the metric will vary significantly depending on the industry.

Technical Analysis of Bio-Path Holdings Inc. (NASDAQ:BPTH) stock

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To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Bio-Path Holdings Inc. (BPTH), we notice that the stock’s 20-day average volume is at 5,778,585 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 2,456,826 shares. And to end, BPTH’s 100-day average volume is 1,848,780 shares with 50% of the long-term indicators pointing towards Buy for the stock.

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