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. Cns Pharmaceuticals Inc’s current trading price is -99.83% away from its 52-week high, while its distance from the 52-week low is 16.75%. The stock’s price range during this period has varied between $0.10 and $65.00. The company, active in the Healthcare sector, saw a trading volume of around 6.73 million for the day, considerably lower average daily volume of 16.19 million observed over the last three months.
Cns Pharmaceuticals Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $65.00 on 01/02/24, and the lowest price during the same period was recorded at $0.10 on 08/16/24.
How Financial Performance Impacts Market Capitalization
Cns Pharmaceuticals Inc (CNSP) has experienced a quarterly decline of -14.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.41M and boasts a workforce of 5 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 0.1306, with a change in price of -0.0604. Similarly, Cns Pharmaceuticals Inc recorded 11,210,045 in trading volume during the last 100 days, posting a change of -34.51%.
How CNSP’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CNSP stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
CNSP Stock Stochastic Average
As of today, the raw stochastic average of Cns Pharmaceuticals Inc over the past 50 days is 6.89%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 59.81%. Additionally, the Stochastic %K and %D values for the company were 56.33% and 55.50%, respectively, over the past 20 days.
CNSP Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -99.82%.However, over the last six months, we can see a stronger performance of -91.15%. Over the last 30 days, the price of CNSP has leaped by -0.45%. And in the last five days, it has surged by 2.29%.
