Home  »  News   »  Athersys Inc. (ATHX): Are the Stars Lining Up for ...

Athersys Inc. (ATHX): Are the Stars Lining Up for Investors?

At the end of the latest market close, Athersys Inc. (ATHX) was valued at $1.33. In that particular session, Stock kicked-off at the price of $1.24 while reaching the peak value of $1.27 and lowest value recorded on the day was $1.13. The stock current value is $1.17.Recently in News on August 25, 2022, Athersys Announces 1-for-25 Reverse Stock Split. Athersys, Inc. (Nasdaq: ATHX), a regenerative medicine company developing MultiStem® (invimestrocel) for critical care indications, announced today that it will be executing a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-25 after the close of trading on the Nasdaq Stock Market on Friday, August 26, 2022. Athersys common stock will begin trading on a split-adjusted basis when the market opens on Monday, August 29, 2022 under the existing trading symbol “ATHX” and a new CUSIP number. The reverse stock split was previously approved by Athersys stockholders at the annual meeting of stockholders held on July 28, 2022, with the final ratio determined by the Company’s Board of Directors. You can read further details here

Athersys Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $33.2500 on 04/11/22, with the lowest value was $1.1300 for the same time period, recorded on 09/22/22.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored

Athersys Inc. (ATHX) full year performance was -96.68%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Athersys Inc. shares are logging -96.77% during the 52-week period from high price, and -10.69% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.31 and $36.25.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 844737 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Athersys Inc. (ATHX) recorded performance in the market was -94.81%, having the revenues showcasing -82.98% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 17.04M, as it employees total of 104 workers.

Market experts do have their say about Athersys Inc. (ATHX)

During the last month, 0 analysts gave the Athersys Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 6.8022, with a change in the price was noted -11.08. In a similar fashion, Athersys Inc. posted a movement of -90.45% for the period of last 100 days, recording 590,424 in trading volumes.

Technical breakdown of Athersys Inc. (ATHX)

Raw Stochastic average of Athersys Inc. in the period of last 50 days is set at 0.47%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 1.08%. In the last 20 days, the company’s Stochastic %K was 1.19% and its Stochastic %D was recorded 1.86%.

Bearing in mind the latest performance of Athersys Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -94.81%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -93.08%, alongside a downfall of -96.68% for the period of the last 12 months. The shares increased approximately by -46.82% in the 7-day charts and went up by -73.84% in the period of the last 30 days. Common stock shares were lifted by -82.98% during last recorded quarter.

Leave a Comment

Your email address will not be published.

On Key

Related Posts

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]