While Actinium Pharmaceuticals Inc has overperformed by 2.40%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ATNM fell by -0.11%, with highs and lows ranging from $9.86 to $4.00, whereas the simple moving average jumped by 43.44% in the last 200 days.
On September 06, 2023, HSBC Securities started tracking Actinium Pharmaceuticals Inc (AMEX: ATNM) recommending Buy. A report published by William Blair on February 21, 2023, Downgraded its rating to ‘Mkt Perform’ for ATNM. Cantor Fitzgerald also rated ATNM shares as ‘Overweight’, setting a target price of $20 on the company’s shares in an initiating report dated September 08, 2022. B. Riley Securities Initiated an Buy rating on August 25, 2022, and assigned a price target of $16. Alliance Global Partners initiated its ‘Buy’ rating for ATNM, as published in its report on November 05, 2020. B. Riley FBR Inc.’s report from December 06, 2017 suggests a price prediction of $2.75 for ATNM shares, giving the stock a ‘Buy’ rating. ROTH Capital also rated the stock as ‘Buy’.
Analysis of Actinium Pharmaceuticals Inc (ATNM)
One of the most important indicators of Actinium Pharmaceuticals Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -91.92% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 10.59, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and ATNM is recording 377.56K average volume. On a monthly basis, the volatility of the stock is set at 7.74%, whereas on a weekly basis, it is put at 8.33%, with a gain of 30.42% over the past seven days. Furthermore, long-term investors anticipate a median target price of $28.60, showing growth from the present price of $8.96, which can serve as yet another indication of whether ATNM is worth investing in or should be passed over.
How Do You Analyze Actinium Pharmaceuticals Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.88%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 22.16% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ATNM shares are owned by institutional investors to the tune of 22.16% at present.
