Are Analysts Too Bullish On Lipella Pharmaceuticals Inc (LIPO)

Lipella Pharmaceuticals Inc (NASDAQ:LIPO) currently has a daily average trading volume of 3.32M but it saw 3935812 shares traded in last market. With a market cap of 3.47M USD, the company’s current market price of $0.43 came rising about 1.71 while comparing to the previous closing price of $0.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.71 and as low as $0.36. In the recent trading on the day, stock has struck highest price mark of $0.3234 while lowest mark touched by it was $0.45.

Taking a look at 20-day trading activity of Lipella Pharmaceuticals Inc (LIPO) gives us an average price of $0.5610, while its current price level is -84.01% below from 52-week high level whereas it is 20.02% 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 $0.5332 while that of 200 days or SMA-200 reads an average of $0.8012. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.86% during that period while stretching the period over a month that increases to 20.16%. 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 40.98 which implies that the stock is in neutral territory.

Over the week, LIPO’s stock price is moving -0.57% down while it is -1.50% when we observe its performance for the past one month. Year-to-date it is -57.51% down and over the past year, the stock is showing a downside performance of -78.87%.

Currently, Lipella Pharmaceuticals Inc’s total number of outstanding shares is 6.05M. Company’s return on investment (ROI) stands at -243.13% and return on equity (ROE) at -171.56%. Stock’s beta reads 0.35. Stock has a price to book (P/B) ratio of 1.93 while price to sale or P/S ratio amounts to 6.80. Its return on asset (ROA) is -146.02% on average.