Tiziana Life Sciences Ltd (NASDAQ: TLSA) Now -54.05% Off Its High ($1.39), Does Analysts See Headwinds And Risks?

Tiziana Life Sciences Ltd (NASDAQ:TLSA) currently has a daily average trading volume of 68.63K but it saw 1550526 shares traded in last market. With a market cap of 124.55M USD, the company’s current market price of $0.64 came rising about 24.76 while comparing to the previous closing price of $0.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.39 and as low as $0.41.

Taking a look at 20-day trading activity of Tiziana Life Sciences Ltd (TLSA) gives us an average price of $0.4665, while its current price level is -54.05% below from 52-week high level whereas it is 56.10% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4896 while that of 200 days or SMA-200 reads an average of $0.6052. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.49% during that period while stretching the period over a month that decreases to 13.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 70.20 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which initiated the stock as “Buy” in its note to investors issued on December 22, 2020, recommending a price target of $8 for it.

Over the week, TLSA’s stock price is moving 40.76% up while it is 30.61% when we observe its performance for the past one month. Year-to-date it is 14.29% up and over the past year, the stock is showing a downside performance of -50.39%.

Currently, Tiziana Life Sciences Ltd’s total number of outstanding shares is 194.61M. Stock’s beta reads 0.71.