The market performance of Psyence Biomedical Ltd has been somewhat unstable.
52-week price history of PBM Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Psyence Biomedical Ltd’s current trading price is -99.79% away from its 52-week high, while its distance from the 52-week low is 33.11%. The stock’s price range during this period has fluctuated between $1.51 and $945.15. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 0.87 million for the day, which was evidently lower than the average daily volume of 2.43 million over the last three months.
Financial Performance and Market Capitalization
Psyence Biomedical Ltd (PBM) has experienced a quarterly decline of -70.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.89M and boasts a workforce of 10 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.7600, with a change in price of -38.6100. Similarly, Psyence Biomedical Ltd recorded 1,544,210 in trading volume during the last 100 days, posting a change of -95.05%.
PBM Stock Stochastic Average
Psyence Biomedical Ltd’s raw stochastic average for the past 50 days is currently at 7.76%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 7.86%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.35% and 5.12%, respectively.
PBM 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 loss of -4.74%.However, over the last six months, we can see a stronger performance of -91.37%. Over the last 30 days, the price of PBM has leaped by -2.90%. And in the last five days, it has fallen by -0.50%.
