Should You Sell Cns Pharmaceuticals Inc (CNSP) And Go Away This Year?

Cns Pharmaceuticals Inc (NASDAQ:CNSP) currently has a daily average trading volume of 2.43M but it saw 24519759 shares traded in last market. With a market cap of 0.91M USD, the company’s current market price of $0.32 came falling about -22.73 while comparing to the previous closing price of $0.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $137.50 and as low as $0.30.

Taking a look at 20-day trading activity of Cns Pharmaceuticals Inc (CNSP) gives us an average price of $1.0583, while its current price level is -99.77% below from 52-week high level whereas it is 5.56% 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 $3.6886 while that of 200 days or SMA-200 reads an average of $35.2600. A closer look into the stock’s movement over the week reveals that its volatility is standing at 63.05% during that period while stretching the period over a month that decreases to 30.85%. 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 20.41 which implies that the stock is in oversold territory.

Over the week, CNSP’s stock price is moving -70.67% down while it is -77.69% when we observe its performance for the past one month. Year-to-date it is -99.50% down and over the past year, the stock is showing a downside performance of -99.72%.

Currently, Cns Pharmaceuticals Inc’s total number of outstanding shares is 2.87M. Company’s return on equity (ROE) at -1018.78%. Stock’s beta reads 1.14. Its return on asset (ROA) is -384.86% on average.