Allarity Therapeutics Inc (NASDAQ: ALLR) Emerges As Guiding Light For Investors

money audit

Allarity Therapeutics Inc (NASDAQ:ALLR) currently has a daily average trading volume of 8.40M but it saw 1826236 shares traded in last market. With a market cap of 4.52M USD, the company’s current market price of $0.18 came falling about -3.02 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 $51.40 and as low as $0.14.

Taking a look at 20-day trading activity of Allarity Therapeutics Inc (ALLR) gives us an average price of $0.1919, while its current price level is -99.66% below from 52-week high level whereas it is 24.21% 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 $0.3489 while that of 200 days or SMA-200 reads an average of $5.9274. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.70% during that period while stretching the period over a month that decreases to 17.41%. 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 30.84 which implies that the stock is in neutral territory.

Over the week, ALLR’s stock price is moving -8.97% down while it is -18.59% when we observe its performance for the past one month. Year-to-date it is -98.40% down and over the past year, the stock is showing a downside performance of -99.65%.

Currently, Allarity Therapeutics Inc’s total number of outstanding shares is 25.59M. Company’s return on equity (ROE) at -20995.16%. Stock’s beta reads 0.28. Its return on asset (ROA) is -100.46% on average.