Should you buy Elite Pharmaceuticals stock? (Other OTC:ELTP). Let's see how it does in our automated value investing analysis system.
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Estimate how long you need to hold Elite Pharmaceuticals to reach your target.
| Advantages | Disadvantages | Neutral |
|---|---|---|
| None. |
|
|
| ELTP Price (Elite Pharmaceuticals stock price per share) |
$0.39 | |
| PE Ratio versus Sector | 35% lower than other Healthcare stocks | |
| PE Ratio versus Industry | 0% lower than other Drug Manufacturers - General stocks | |
| Free Cash Flow Jitter | 222% |
Open-market buys and sells reported by Elite Pharmaceuticals's officers, directors, and 10% owners on SEC Form 4. Routine transactions (tax withholding, option exercises, and stock grants) are excluded -- these are discretionary trades only.
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2025-10-02T00:00:00 | Plassche Douglas (EVP Operations) | Sell | 800,000 | $0.62 |
| 2025-08-22T00:00:00 | ELITE PHARMACEUTICALS INC /NV/ (EVP Operations) | Sell | 500,000 | $0.52 |
| 2025-07-08T00:00:00 | Plassche Douglas (EVP Operations) | Sell | 200,000 | $0.58 |
| 2024-10-24T00:00:00 | Plassche Douglas (SVP of Operations) | Sell | 333,932 | $0.51 |
| 2024-10-23T00:00:00 | Plassche Douglas (SVP of Operations) | Sell | 800,000 | $0.49 |
This stock has short interest! This means that people have shorted it.
Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.
As of the latest analysis, there are 1,613,276 shares shorted. With 836,042,258 shares available for purchase and an average trading volume over the past 10 trading days of 422,040, it would take at least 3.823 days for all of the short holders to cover their shorts.
Related guides: good annual rate of return · high-yield stocks · forecasting earnings growth
Based on our analysis, we believe that you should not buy Elite Pharmaceuticals right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.
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Does Elite Pharmaceuticals have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.
We don't yet have enough financial history for Elite Pharmaceuticals to produce a full worked example. Check back as more data becomes available, or see the current price and research links below.
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