Theriva Biologics Inc (AMEX: TOVX) 52-Week High Located At $0.68, Forget The Dips, Just Ride The Rips

Theriva Biologics Inc (AMEX:TOVX) does about 715.82K shares in volume on a normal day but saw 3105459 shares change hands in the recent trading day. The company now has a market cap of 3.52M USD. Its current market price is $0.14, marking a decrease of -30.21% compared to the previous close of $0.20. The 52 week high reached by this stock is $0.68 whilst the lowest price level in 52 weeks is $0.18.

Theriva Biologics Inc (TOVX) has a 20-day trading average at $0.2266 and the current price is -79.52% off the 52-week high compared with -22.54% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2417 and its 200-day simple moving average is $0.3986. If we look at the stock’s price movements over the week, volatility stands at 20.10%, which decreases to 12.05% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 23.49 to suggest the stock is oversold.

The consensus objective for the share price is $1.00, suggesting that the stock has a potential upside of 86.0% over the period.

Theriva Biologics Inc (TOVX) stock is down -32.27% over the week and -46.49% over the past month. Its price is -67.40% year-to-date and -73.55% over the past year.

To reach the target analysts have set, the stock logically needs to grow 86.0 percent from here.

The company has a return on investment of -77.05% and return on equity of -59.07%. The beta has a value of 1.39. Price to book ratio is 0.12.