Is Elite Pharmaceuticals, stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
We cannot find any recorded dividends paid in our systems.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Elite Pharmaceuticals, 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $0.0800, you would have made a profit of $0.234 per share or 291.88%
No, the average daily trading liquidity for Elite Pharmaceuticals, is $1.21 million. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Elite Pharmaceuticals, has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. Elite Pharmaceuticals, has a very good net profit margin of 35.51% and should have very high tolerances against inflation.
We have calculated the inflation risk for Elite Pharmaceuticals, to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.