Cns Pharmaceuticals Inc (NASDAQ: CNSP) Drops -83.33% Over A Month, But Analysts Still See Upside Potential

Cns Pharmaceuticals Inc (NASDAQ:CNSP) currently has a daily average trading volume of 4.34M but it saw 9390867 shares traded in last market. With a market cap of 0.50M USD, the company’s current market price of $0.17 came falling about -6.42 while comparing to the previous closing price of $0.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $137.50 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.1712 while lowest mark touched by it was $0.206.

Taking a look at 20-day trading activity of Cns Pharmaceuticals Inc (CNSP) gives us an average price of $0.7628, while its current price level is -99.87% below from 52-week high level whereas it is 14.38% 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 $2.4465 while that of 200 days or SMA-200 reads an average of $32.6788. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.98% during that period while stretching the period over a month that increases to 29.77%. 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 19.65 which implies that the stock is in oversold territory.

Over the week, CNSP’s stock price is moving -39.80% down while it is -83.33% when we observe its performance for the past one month. Year-to-date it is -99.72% down and over the past year, the stock is showing a downside performance of -99.83%.

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 1.18. Its return on asset (ROA) is -384.86% on average.