logo

ENSC’s 2023 Market Dance: Down -44.34% – Time to Invest?

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -44.34%. However, over the last six months, the performance has been stronger by -0.34%. The price of ENSC increased 2.43% over the last 30 days. And in the last five days, it has surged by 37.21%.

Ensysce Biosciences Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $2.06 on 01/24/24, and the lowest price during the same period was recorded at $0.14 on 10/15/24.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of ENSC Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Ensysce Biosciences Inc’s current trading price is -71.36% away from its 52-week high, while its distance from the 52-week low is 317.85%. The stock’s price range over this timeframe has been between $0.14 and $2.06. The shares of the Healthcare sector company recorded a trading volume of approximately 2.23 million for the day, which was comparatively lower than the average daily volume of 26.62 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Ensysce Biosciences Inc (ENSC) has experienced a quarterly rise of 61.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.38M and boasts a workforce of 9 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4139, with a change in price of +0.1209. Similarly, Ensysce Biosciences Inc recorded 18,134,730 in trading volume during the last 100 days, posting a change of +25.77%.

ENSC’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ENSC stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.00.

ENSC Stock Stochastic Average

The raw stochastic average for Ensysce Biosciences Inc over the last 50 days is presently at 53.63%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 30.34%. Further, the company’s Stochastic %K and %D values for the last 20 days were 19.28% and 16.81%, respectively.

Most Popular