A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. NRX Pharmaceuticals Inc’s current trading price is -63.32% away from its 52-week high, while its distance from the 52-week low is 144.55%. The stock’s price range for this time frame has been between $1.10 and $7.33. The trading volume of the company’s shares in the Healthcare reached around 5.01 million for the day, which was evidently higher than the average daily volume of 0.63 million over the last three months.
NRX Pharmaceuticals Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $7.33 on 03/05/24, and the lowest price during the same period was recorded at $1.10 on 10/16/24.
How Financial Performance Impacts Market Capitalization
NRX Pharmaceuticals Inc (NRXP) has experienced a quarterly rise of 75.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 29.27M.
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 1.51, with a change in price of +0.64. Similarly, NRX Pharmaceuticals Inc recorded 481,309 in trading volume during the last 100 days, posting a change of +31.22%.
NRXP Stock Stochastic Average
NRX Pharmaceuticals Inc’s raw stochastic average for the past 50 days is currently at 59.92%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 59.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.55% and 70.85%, respectively.
NRXP Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 22.27%. However, over the last six months, the performance has been weaker by 8.03%. The price of NRXP increased 113.49% over the last 30 days. And in the last five days, it has surged by 75.82%.
