Elite Pharmaceuticals, Inc.
ELTP is Up +0.16% today
You might want to check out Why is ELTP Up Today?
Why Is Elite Pharmaceuticals, Inc. (ELTP) Stock Down Today?
Live update on ELTP's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Summary
Elite Pharmaceuticals, Inc. (ELTP) is trading up +0.16% at $0.57, reflecting a positive shift in investor sentiment today. The stock opened at $0.57 and has moved between $0.55 and $0.59 so far.
Trading volume is 236947, which is 86% below its average, and the price action suggests buying interest.
Technically, ELTP is trading below its 50-day moving average of $0.60 and above its 200-day moving average of $0.52, indicating short-term weakness but long-term strength.
Meyka's AI assigns ELTP a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -0.85% in 1 month ($0.57), +113.61% in 1 year ($1.23), and +194.31% in 5 years ($1.69).
In context, the broader Healthcare sector is down -3.27% today, which may be contributing to the move.
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.
ELTP Technical Signals
Trading below 50-day moving average ($0.60)
Trading over 200-day moving average ($0.52)
Sector Context
The Healthcare sector is down -3.27% today, with the Drug Manufacturers - Specialty & Generic industry contributing to the decline. This broader context may be weighing on the stock's performance.
Price Forecast
1 Month
$0.57
1 Year
$1.23
3 Years
$1.69
5 Years
$1.69
Is this change significant?
5-Day:+14.44%
1-Month:-14.88%
3-Month:-17.58%
What's next?
Next earnings date: 7/30/2025