More To Go Or Is It Over? – ENDRA Life Sciences Inc (NDRA)

ENDRA Life Sciences Inc (NASDAQ:NDRA) does about 19.48M shares in volume on a normal day but saw 5681941 shares change hands in Monday trading. The company now has a market cap of 6.39M USD. Its current market price is $0.09, marking an increase of 0.11% compared to the previous close of $0.09. The 52 week high reached by this stock is $2.79 whilst the lowest price level in 52 weeks is $0.07.

ENDRA Life Sciences Inc (NDRA) has a 20-day trading average at $0.1059 and the current price is -96.74% off the 52-week high compared with 31.50% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2054 and its 200-day simple moving average is $0.8441. If we look at the stock’s price movements over the week, volatility stands at 12.63%, which increases to 17.15% 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 32.34 to suggest the stock is neutral.

The consensus objective for the share price is $8.00, suggesting that the stock has a potential upside of 98.88% over the period.

ENDRA Life Sciences Inc (NDRA) stock is down -6.28% over the week and -34.49% over the past month. Its price is -95.71% year-to-date and -93.72% over the past year.

The stock last released its quarterly earnings report for quarter ended 3/31/2024, with the company’s earnings per share (EPS) of -0.43 above consensus estimates by 0.12. The company’s next earnings report forecasts estimating quarterly EPS at -0.07 and -0.23 for whole year.

To reach the target analysts have set, the stock logically needs to grow 98.88 percent from here.

Outstanding shares total 70.27M with insiders holding 3.91% of the shares and institutional holders owning 0.38% of the company’s common stock. The company has a return on investment of -257.37% and return on equity of -241.38%. The beta has a value of 0.82. Price to book ratio is 0.27.