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Should You Sell Relmada Therapeutics Inc (RLMD) in Biotechnology Industry?

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Should You Sell Relmada Therapeutics Inc (RLMD) in Biotechnology Industry?
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Monday, April 17, 2023 03:29 PM | InvestorsObserver Analysts

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Should You Sell Relmada Therapeutics Inc (RLMD) in Biotechnology Industry?

The 40 rating InvestorsObserver gives to Relmada Therapeutics Inc (RLMD) stock puts it near the middle of the Biotechnology industry. In addition to scoring higher than 34 percent of stocks in the Biotechnology industry, RLMD’s 40 overall rating means the stock scores better than 40 percent of all stocks.

Overall Score - 40
RLMD has an Overall Score of 40. Find out what this means to you and get the rest of the rankings on RLMD!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 40 means the stock is more attractive than 40 percent of stocks.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What’s Happening With Relmada Therapeutics Inc Stock Today?

Relmada Therapeutics Inc (RLMD) stock is trading at $3.05 as of 3:29 PM on Monday, Apr 17, a gain of $0.34, or 12.55% from the previous closing price of $2.71. The stock has traded between $2.55 and $3.06 so far today. Volume today is light. So far 131,771 shares have traded compared to average volume of 237,589 shares.

Click Here to get the full Stock Report for Relmada Therapeutics Inc stock.

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