Silexion Therapeutics Corp (NASDAQ: SLXN) Recovers 6.52% From 52-Week Low, Is SLXN Still A High-Risk, High-Reward Play?

Silexion Therapeutics Corp (NASDAQ:SLXN) currently has a daily average trading volume of 395.47K but it saw 2336705 shares traded in last market. With a market cap of 5.69M USD, the company’s current market price of $1.47 came rising about 2.08 while comparing to the previous closing price of $1.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.56 and as low as $1.38. In the recent trading on the day, stock has struck highest price mark of $1.325 while lowest mark touched by it was $1.6194.

Its current price level is -89.16% below from 52-week high level whereas it is 6.52% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.80% during that period while stretching the period over a month that increases to 29.50%. 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 18.02 which implies that the stock is in oversold territory.

Over the week, SLXN’s stock price is moving -19.67% down while it is -87.57% when we observe its performance for the past one month. Year-to-date it is -86.45% down and over the past year, the stock is showing a downside performance of -85.03%.

Currently, Silexion Therapeutics Corp’s total number of outstanding shares is 3.87M with 93.76% of that held by the insiders while 13.13% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -20.64% and return on equity (ROE) at -3.78%. Stock’s beta reads -0.08. Stock has a price to book (P/B) ratio of 2.24. Its return on asset (ROA) is -3.13% on average.