Putting The Spotlight On Heramba Electric plc. (PITA)

Heramba Electric plc. (NASDAQ:PITA) currently has a daily average trading volume of 38.08K but it saw 2036050 shares traded in last market. With a market cap of 61.35M USD, the company’s current market price of $4.63 came rising about 7.67 while comparing to the previous closing price of $4.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.00 and as low as $3.75.

Taking a look at 20-day trading activity of Heramba Electric plc. (PITA) gives us its current price level is -69.13% below from 52-week high level whereas it is 23.47% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 51.47% during that period while stretching the period over a month that decreases to 16.99%. 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 29.09 which implies that the stock is in oversold territory.

Over the week, PITA’s stock price is moving -59.63% down while it is -59.03% when we observe its performance for the past one month. Year-to-date it is -56.20% down and over the past year, the stock is showing a downside performance of -54.79%.

Currently, Heramba Electric plc.’s total number of outstanding shares is 17.47M. Company’s return on investment (ROI) stands at -0.59% and return on equity (ROE) at -0.35%. Stock’s beta reads 0.32. Stock has a price to book (P/B) ratio of 0.75. Its return on asset (ROA) is -0.31% on average.