Regulus Therapeutics Inc. (NASDAQ:RGLS) on the Path to Ruin

Regulus Therapeutics Inc. (NASDAQ:RGLS) on the Path to Ruin

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The Regulus Therapeutics Inc. (RGLS) shares are trading at lower $0.76 and the avg recommendation for the stock is Moderate Buy. while the current analyst price target stands at $1.00.

To add more color to this target, the company’s high over the last year is $1.74 and the low is $0.43. Over the last 52 weeks, RGLS is down -56.34% while the S&P 500 is down -0.36%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, RGLS reported a profit of $5.54 million. Regulus Therapeutics Inc. also saw revenues increase to $6000.0. In addition, RGLS has free cash flow of -$6.0 million as of 03-2020. The company’s EBITDA came in at -$5.41 million which compares well with its peers.

RGLS Return on Equity (ROE) is -215.30%, and its Return on Assets is -68.50%. All told, it is clear that, RGLS needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. RGLS has a short ratio of 0.27 and outstanding shares of 24.06M.

Company Outlook

RGLS has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 9.11 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -1.04. Regulus Therapeutics Inc. RGLS also noted assets of $35.01 million at the end of the last quarter. Investors should also keep an eye on sector updates as RGLS has historically followed its peers on positive news.

All told, Regulus Therapeutics Inc. RGLS has strung together solid data and demonstrated underlying fundamentals. At its current valuation, RGLS represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Regulus Therapeutics Inc. RGLS is now commanding a market cap of 19.96M and a float of 16.45M. RGLS is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of RGLS stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in RGLS, either long or short, and we have not been compensated for this article.