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Defying the odds and beating analyst forecasts: Kiromic BioPharma Inc. (KRBP)

For the readers interested in the stock health of Kiromic BioPharma Inc. (KRBP). It is currently valued at $0.49. When the transactions were called off in the previous session, Stock hit the highs of $0.3971, after setting-off with the price of $0.3971. Company’s stock value dipped to $0.25 during the trading on the day. When the trading was stopped its value was $0.26.Recently in News on July 12, 2022, Kiromic BioPharma Appoints Leonardo Mirandola, Ph.D. as Chief Scientific Officer. Kiromic BioPharma, Inc. (NASDAQ: KRBP) (“Kiromic” or the “Company”), a clinical-stage fully integrated biotherapeutics company using its proprietary DIAMOND® artificial intelligence and data mining platform to develop cell and gene therapies with a focus on immuno-oncology, announces the appointment of Leonardo Mirandola, Ph.D., as Chief Scientific Officer, effective immediately. Dr. Mirandola has served as the Company’s Vice President of Research & Development and Clinical Translation since September 2021. His previous role was Head of Clinical Translation from 2020 to 2021, having joined the Company in 2016 as Executive Director of Research and Development (R&D). You can read further details here

Kiromic BioPharma 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 $1.8600 on 01/04/22, with the lowest value was $0.2300 for the same time period, recorded on 05/24/22.

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Kiromic BioPharma Inc. (KRBP) full year performance was -92.94%

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, Kiromic BioPharma Inc. shares are logging -86.47% during the 52-week period from high price, and 114.13% 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 $0.23 and $3.64.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 16867411 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 Kiromic BioPharma Inc. (KRBP) recorded performance in the market was -83.26%, having the revenues showcasing -47.09% 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 4.16M, as it employees total of 59 workers.

Analysts verdict on Kiromic BioPharma Inc. (KRBP)

During the last month, 0 analysts gave the Kiromic BioPharma 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 0.4020, with a change in the price was noted -0.10. In a similar fashion, Kiromic BioPharma Inc. posted a movement of -17.57% for the period of last 100 days, recording 1,188,944 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for KRBP is recording 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Kiromic BioPharma Inc. (KRBP): Technical Analysis

Raw Stochastic average of Kiromic BioPharma Inc. in the period of last 50 days is set at 59.95%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 59.95%. In the last 20 days, the company’s Stochastic %K was 22.18% and its Stochastic %D was recorded 10.48%.

Let’s take a glance in the erstwhile performances of Kiromic BioPharma Inc., multiple 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 -83.26%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -71.29%, alongside a downfall of -92.94% for the period of the last 12 months. The shares increased approximately by -31.71% in the 7-day charts and went up by -41.78% in the period of the last 30 days. Common stock shares were lifted by -47.09% during last recorded quarter.

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