Look Past The Setbacks And Give ENDRA Life Sciences Inc (NASDAQ: NDRA) Another Chance

ENDRA Life Sciences Inc (NASDAQ:NDRA) currently has a daily average trading volume of 790.89K but it saw 17553233 shares traded in last market. With a market cap of 0.65M USD, the company’s current market price of $0.45 came falling about -0.43 while comparing to the previous closing price of $0.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $139.50 and as low as $0.43. In the recent trading on the day, stock has struck highest price mark of $0.4 while lowest mark touched by it was $0.5116.

Taking a look at 20-day trading activity of ENDRA Life Sciences Inc (NDRA) gives us an average price of $2.8069, while its current price level is -99.68% below from 52-week high level whereas it is 4.58% 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 $4.0206 while that of 200 days or SMA-200 reads an average of $34.2354. A closer look into the stock’s movement over the week reveals that its volatility is standing at 35.26% during that period while stretching the period over a month that decreases to 20.44%. 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 17.69 which implies that the stock is in oversold territory.

Over the week, NDRA’s stock price is moving -82.88% down while it is -88.42% when we observe its performance for the past one month. Year-to-date it is -99.58% down and over the past year, the stock is showing a downside performance of -99.19%.

Currently, ENDRA Life Sciences Inc’s total number of outstanding shares is 1.45M. Company’s return on investment (ROI) stands at -105.20% and return on equity (ROE) at -120.13%. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 0.07. Its return on asset (ROA) is -97.17% on average.