Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Psyence Biomedical Ltd.’s current trading price is -99.32% away from its 52-week high, while its distance from the 52-week low is 16.67%. The stock’s price range during this period has varied between $0.08 and $14.55. The company, active in the Healthcare sector, saw a trading volume of around 4.49 million for the day, considerably lower average daily volume of 6.09 million observed over the last three months.
Psyence Biomedical Ltd.’s stock has seen a rocky market performance.
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How Financial Performance Impacts Market Capitalization
Psyence Biomedical Ltd. (PBM) has experienced a quarterly decline of -84.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.65M and boasts a workforce of 10 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3433, with a change in price of -0.6333. Similarly, Psyence Biomedical Ltd. recorded 4,525,920 in trading volume during the last 100 days, posting a change of -86.50%.
PBM Stock Stochastic Average
As of today, the raw stochastic average of Psyence Biomedical Ltd. over the last 50 days is at 3.00%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 26.59%. Further, the company’s Stochastic %K and %D values for the last 20 days were 28.65% and 37.95%, respectively.
PBM Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price loss of -98.93% this year. Over the last six months, there has been a stronger performance of -88.51%. The price of PBM leaped by -9.78% during the last 30 days period. For the last 5-days stocks have slided -8.61%.
