Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. NRX Pharmaceuticals Inc’s current trading price is -57.43% away from its 52-week high, while its distance from the 52-week low is 131.13%. The stock’s price range over this period has fluctuated between $2.21 and $12.00. The company, operating within the financial sector, had a trading volume of approximately 1.0 million for the day, which was noticeably higher than the average daily share volume of 0.17 million over the last 3 months.
NRX Pharmaceuticals Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $12.00 on 06/02/23, while the lowest price for the same period was registered at $2.21 on 09/08/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
NRX Pharmaceuticals Inc (NRXP) has experienced a quarterly rise of 23.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 48.88M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.39, with a change in price of +2.17. Similarly, NRX Pharmaceuticals Inc recorded 158,271 in trading volume during the last 100 days, posting a change of +71.79%.
NRXP Stock Stochastic Average
Today’s raw stochastic average for NRX Pharmaceuticals Inc over the last 50 days is 52.95%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 57.45%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 68.62% and 65.39%, respectively.
NRXP Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 11.04%.However, over the last six months, we can see a weaker performance of 79.61%. Over the last 30 days, the price of NRXP has fallen by 10.32%. And in the last five days, it has fallen by -3.62%.
