NASDAQ:ARTL

Artelo Biosciences (ARTL) Stock Price, News & Analysis

$1.35
-0.03 (-2.17%)
(As of 05/3/2024 ET)
Today's Range
$1.35
$1.35
50-Day Range
$1.28
$1.58
52-Week Range
$1.15
$2.98
Volume
5,058 shs
Average Volume
8,946 shs
Market Capitalization
$4.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Artelo Biosciences MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
270.4% Upside
$5.00 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.07) to ($1.59) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.31 out of 5 stars

ARTL stock logo

About Artelo Biosciences Stock (NASDAQ:ARTL)

Artelo Biosciences, Inc., a clinical stage biopharmaceutical company, develops and commercializes therapeutics that target lipid-signaling pathways in the United States. It's product candidate pipeline includes ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist, which is in Phase 1b/2a clinical trial for the treatment of anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal for the treatment anxiety, post-traumatic stress disorder, epilepsy, inflammatory bowel disease, and other potential indications; and ART26.12, a fatty acid binding protein 5 inhibitor for treating chemotherapy induced peripheral neuropathy, diabetic neuropathy, prostate cancer and breast cancer, pain, dermatologic conditions, and anxiety disorders. The company was formerly known as Reactive Medical, Inc. and changed its name to Artelo Biosciences, Inc. in April 2017. Artelo Biosciences, Inc. was incorporated in 2011 and is based in Solana Beach, California.

ARTL Stock Price History

ARTL Stock News Headlines

Investors Alert: The Next Big Thing in Weight Loss
UBS bank predicts it will become "The Biggest Drug Ever." The Wall Street Journal believes it will be "Pharma's biggest blockbuster yet." Bank of America predicts it will be the world's first "$100 billion dollar a year drug." And Morgan Stanley predicts 250 million prescriptions will be written each year.
Recap: Artelo Biosciences Q4 Earnings
Investors Alert: The Next Big Thing in Weight Loss
UBS bank predicts it will become "The Biggest Drug Ever." The Wall Street Journal believes it will be "Pharma's biggest blockbuster yet." Bank of America predicts it will be the world's first "$100 billion dollar a year drug." And Morgan Stanley predicts 250 million prescriptions will be written each year.
Artelo Biosciences Inc ARTL
Artelo Biosciences (ARTL) Gets a Buy from Maxim Group
See More Headlines
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Company Calendar

Last Earnings
3/25/2024
Today
5/04/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ARTL
Fax
N/A
Employees
6
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+270.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-9,290,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.12 per share

Miscellaneous

Free Float
3,005,000
Market Cap
$4.36 million
Optionable
Not Optionable
Beta
1.44
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Key Executives


ARTL Stock Analysis - Frequently Asked Questions

Should I buy or sell Artelo Biosciences stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Artelo Biosciences in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ARTL shares.
View ARTL analyst ratings
or view top-rated stocks.

What is Artelo Biosciences' stock price target for 2024?

1 analysts have issued 1 year price objectives for Artelo Biosciences' shares. Their ARTL share price targets range from $5.00 to $5.00. On average, they expect the company's share price to reach $5.00 in the next year. This suggests a possible upside of 270.4% from the stock's current price.
View analysts price targets for ARTL
or view top-rated stocks among Wall Street analysts.

How have ARTL shares performed in 2024?

Artelo Biosciences' stock was trading at $1.40 at the beginning of the year. Since then, ARTL shares have decreased by 3.6% and is now trading at $1.35.
View the best growth stocks for 2024 here
.

Are investors shorting Artelo Biosciences?

Artelo Biosciences saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 6,100 shares, a decrease of 57.9% from the March 31st total of 14,500 shares. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company's stock are sold short.
View Artelo Biosciences' Short Interest
.

When is Artelo Biosciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our ARTL earnings forecast
.

How were Artelo Biosciences' earnings last quarter?

Artelo Biosciences, Inc. (NASDAQ:ARTL) announced its earnings results on Monday, March, 25th. The company reported ($0.99) earnings per share for the quarter, missing analysts' consensus estimates of ($0.29) by $0.70.

When did Artelo Biosciences' stock split?

Shares of Artelo Biosciences reverse split on Wednesday, August 10th 2022. The 1-15 reverse split was announced on Wednesday, August 10th 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 10th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What other stocks do shareholders of Artelo Biosciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Artelo Biosciences investors own include NVIDIA (NVDA), VBI Vaccines (VBIV), Provention Bio (PRVB), Sorrento Therapeutics (SRNE), ADMA Biologics (ADMA), Flexion Therapeutics (FLXN), OPKO Health (OPK), Overstock.com (OSTK), Allena Pharmaceuticals (ALNA) and Advanced Micro Devices (AMD).

How do I buy shares of Artelo Biosciences?

Shares of ARTL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ARTL) was last updated on 5/4/2024 by MarketBeat.com Staff

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