Baudax Bio Announces Closing of 4 Million Public Offering

BXRXDelisted Stock  USD 0.76  0.06  7.32%   
Slightly above 62% of Baudax Bio's investor base is looking to short. The analysis of current outlook of investing in Baudax Bio suggests that many traders are alarmed regarding Baudax Bio's prospects. Baudax Bio's investing sentiment can be driven by a variety of factors including economic data, Baudax Bio's earnings reports, geopolitical events, and overall market trends.
  
MALVERN, Pa., May 01, 2023 -- Baudax Bio, Inc. , a pharmaceutical company focused on innovative products for hospital and related settings, today announced the closing of its previously announced public offering of an aggregate of 3,478,262 shares of its common stock , together with accompanying common stock purchase warrants, at a public offering price of 1.15 per share or pre-funded warrant

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Baudax Bio Fundamental Analysis

We analyze Baudax Bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baudax Bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baudax Bio based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Book

Price To Book Comparative Analysis

Baudax Bio is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Baudax Bio Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Baudax Bio stock to make a market-neutral strategy. Peer analysis of Baudax Bio could also be used in its relative valuation, which is a method of valuing Baudax Bio by comparing valuation metrics with similar companies.

Peers

Baudax Bio Related Equities

BDRXBiodexa Pharmaceticals   14.00   
0%
100.0%
DRMADermata Therapeutics   2.73   
0%
19.0%
QNRXQuoin Pharmaceuticals   1.69   
0%
12.0%
PALIPalisade Bio   1.65   
0%
11.0%
NRBONeurobo Pharmaceuticals   0.43   
0%
3.0%
ALLRAllarity Therapeutics   0.90   
6.0%
0%
ENSCEnsysce Biosciences   2.00   
14.0%
0%
CYTOAltamira Therapeutics   4.76   
34.0%
0%
VRAXVirax Biolabs   4.83   
34.0%
0%
CNSPCns Pharmaceuticals   8.33   
59.0%
0%
WINTWindtree Therapeutics   13.11   
93.0%
0%
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Other Consideration for investing in Baudax Stock

If you are still planning to invest in Baudax Bio check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Baudax Bio's history and understand the potential risks before investing.
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