FibroBiologics Inc (NASDAQ:FBLG) currently has a daily average trading volume of 293.86K but it saw 1106738 shares traded in last market. With a market cap of 55.55M USD, the company’s current market price of $1.58 came rising about 22.48 while comparing to the previous closing price of $1.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.00 and as low as $1.08. In the recent trading on the day, stock has struck highest price mark of $1.23 while lowest mark touched by it was $1.98.
Taking a look at 20-day trading activity of FibroBiologics Inc (FBLG) gives us an average price of $3.1270, while its current price level is -97.13% below from 52-week high level whereas it is 46.58% 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 $4.4180. A closer look into the stock’s movement over the week reveals that its volatility is standing at 36.75% during that period while stretching the period over a month that decreases to 22.52%. 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 27.91 which implies that the stock is in oversold territory.
Over the week, FBLG’s stock price is moving -8.14% down while it is -67.69% when we observe its performance for the past one month. Year-to-date it is -94.57% down and over the past year.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.03 beat the consensus estimate of -0.09 for the same. The company is expected to be releasing its next quarterly report on 2024-Aug-07, for which analysts forecasted an EPS of -0.07 while estimate for next year EPS is -0.37.
Currently, FibroBiologics Inc’s total number of outstanding shares is 28.23M with 28.28% of that held by the insiders while 12.61% of its common stock has been owned by the institutions.
