BioCardia Inc. (NASDAQ: BCDA): Retirees Don’t Worry About Volatility

BioCardia Inc. (NASDAQ:BCDA) currently has a daily average trading volume of 353.13K but it saw 1220050 shares traded in last market. With a market cap of 10.11M USD, the company’s current market price of $0.38 came falling about -2.82 while comparing to the previous closing price of $0.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.92 and as low as $0.32.

Taking a look at 20-day trading activity of BioCardia Inc. (BCDA) gives us an average price of $0.3784, while its current price level is -87.12% below from 52-week high level whereas it is 17.56% 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 $0.4087 while that of 200 days or SMA-200 reads an average of $0.5805. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.15% during that period while stretching the period over a month that increases to 5.35%. 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 46.12 which implies that the stock is in neutral territory.

Over the week, BCDA’s stock price is moving -0.87% down while it is -5.88% when we observe its performance for the past one month. Year-to-date it is -43.36% down and over the past year, the stock is showing a downside performance of -81.10%.

Currently, BioCardia Inc.’s total number of outstanding shares is 23.67M. Company’s return on equity (ROE) at -703.62%. Stock’s beta reads 1.48. Stock has a price to sale or P/S ratio amounts to 21.06. Its return on asset (ROA) is -181.08% on average.