NLS Pharmaceutics Ltd (NASDAQ: NLSP): Retirees Don’t Worry About Volatility

NLS Pharmaceutics Ltd (NASDAQ:NLSP) currently has a daily average trading volume of 11.67M but it saw 651371 shares traded in last market. With a market cap of 7.05M USD, the company’s current market price of $0.15 came falling about -3.82 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.21 and as low as $0.11. In the recent trading on the day, stock has struck highest price mark of $0.1483 while lowest mark touched by it was $0.1695.

Taking a look at 20-day trading activity of NLS Pharmaceutics Ltd (NLSP) gives us an average price of $0.1829, while its current price level is -87.46% below from 52-week high level whereas it is 35.88% 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 $0.1931 while that of 200 days or SMA-200 reads an average of $0.2891. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.04% during that period while stretching the period over a month that decreases to 9.16%. 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 35.15 which implies that the stock is in neutral territory.

Over the week, NLSP’s stock price is moving -15.02% down while it is -31.13% when we observe its performance for the past one month. Year-to-date it is -74.39% down and over the past year, the stock is showing a downside performance of -83.75%.

Currently, NLS Pharmaceutics Ltd’s total number of outstanding shares is 32.43M. Stock’s beta reads -0.54. Its return on asset (ROA) is -218.86% on average.