60 Degrees Pharmaceuticals Inc (NASDAQ: SXTP) Now -93.33% Off Its High ($2.65), Does Analysts See Headwinds And Risks?

60 Degrees Pharmaceuticals Inc (NASDAQ:SXTP) currently has a daily average trading volume of 4.61M but it saw 2900523 shares traded in last market. With a market cap of 2.16M USD, the company’s current market price of $0.18 came falling about -4.18 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.65 and as low as $0.17.

Taking a look at 20-day trading activity of 60 Degrees Pharmaceuticals Inc (SXTP) gives us an average price of $0.2367, while its current price level is -93.33% below from 52-week high level whereas it is 3.27% 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 $0.2634 while that of 200 days or SMA-200 reads an average of $0.4593. A closer look into the stock’s movement over the week reveals that its volatility is standing at 38.92% during that period while stretching the period over a month that decreases to 16.51%. 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 32.83 which implies that the stock is in neutral territory.

Over the week, SXTP’s stock price is moving -24.45% down while it is -36.96% when we observe its performance for the past one month. Year-to-date it is -82.68% down and over the past year, the stock is showing a downside performance of -92.48%.

Currently, 60 Degrees Pharmaceuticals Inc’s total number of outstanding shares is 12.21M. Company’s return on investment (ROI) stands at -10.89%. Stock’s beta reads 4.61. Stock has a price to sale or P/S ratio amounts to 5.68. Its return on asset (ROA) is -8.53% on average.