How Worried Should Investors Be About KWESST Micro Systems Inc. (NASDAQ: KWE)’

KWESST Micro Systems Inc. (NASDAQ:KWE) does about 198.77K shares in volume on a normal day but saw 326162295 shares change hands in Monday trading. The company now has a market cap of 3.54M USD. Its current market price is $0.87, marking an increase of 117.15% compared to the previous close of $0.40. The 52 week high reached by this stock is $3.85 whilst the lowest price level in 52 weeks is $0.30.

KWESST Micro Systems Inc. (KWE) has a 20-day trading average at $0.4420 and the current price is -77.43% off the 52-week high compared with 186.48% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6434 and its 200-day simple moving average is $1.1513. If we look at the stock’s price movements over the week, volatility stands at 28.33%, which decreases to 20.77% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.68 to suggest the stock is overbought.

The consensus objective for the share price is $5.01, suggesting that the stock has a potential upside of 82.63% over the period.

KWESST Micro Systems Inc. (KWE) stock is up 100.14% over the week and 6.06% over the past month. Its price is -3.49% year-to-date and -72.25% over the past year.

To reach the target analysts have set, the stock logically needs to grow 82.63 percent from here.

The company has a return on investment of -1048.88% and return on equity of -254.83%. The beta has a value of 1.59. Price to book ratio is 9.98 and price to sales ratio is 3.47.