It’s Not A Fantasy To Think That Kintara Therapeutics Inc (KTRA) Has Big Future Potential

Kintara Therapeutics Inc (NASDAQ:KTRA) currently has a daily average trading volume of 12.64M but it saw 2624694 shares traded in last market. With a market cap of 12.01M USD, the company’s current market price of $0.22 came falling about -4.02 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.00 and as low as $0.08.

Taking a look at 20-day trading activity of Kintara Therapeutics Inc (KTRA) gives us an average price of $0.2676, while its current price level is -95.66% below from 52-week high level whereas it is 168.15% 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 $0.2364 while that of 200 days or SMA-200 reads an average of $0.4862. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.63% during that period while stretching the period over a month that increases to 13.74%. 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 41.16 which implies that the stock is in neutral territory.

Over the week, KTRA’s stock price is moving -20.79% down while it is -27.21% when we observe its performance for the past one month. Year-to-date it is 28.07% up and over the past year, the stock is showing a downside performance of -95.29%.

Currently, Kintara Therapeutics Inc’s total number of outstanding shares is 55.30M. Company’s return on investment (ROI) stands at -160.62% and return on equity (ROE) at -192.23%. Stock’s beta reads 0.94. Its return on asset (ROA) is -131.55% on average.