How Worried Should Investors Be About Virios Therapeutics Inc (VIRI)

Virios Therapeutics Inc (NASDAQ:VIRI) does about 1.55M shares in volume on a normal day but saw 410046 shares change hands in the recent trading day. The company now has a market cap of 5.39M USD. Its current market price is $0.19, marking an increase of 7.78% compared to the previous close of $0.18. The 52 week high reached by this stock is $1.25 whilst the lowest price level in 52 weeks is $0.16.

Virios Therapeutics Inc (VIRI) has a 20-day trading average at $0.1918 and the current price is -84.48% off the 52-week high compared with 24.60% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2197 and its 200-day simple moving average is $0.3967. If we look at the stock’s price movements over the week, volatility stands at 12.06%, which decreases to 11.60% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.42 to suggest the stock is neutral.

The consensus objective for the share price is $1.00, suggesting that the stock has a potential upside of 81.0% over the period.

The current price level is 1.29%, -12.24%, and -51.40% away from its SMA20, SMA50, and SMA200 respectively, with the VIRI price moving above the 50-day SMA on current market day. Virios Therapeutics Inc (VIRI) stock is down -7.84% over the week and -5.83% over the past month. Its price is -66.26% year-to-date and -84.10% over the past year.

To reach the target analysts have set, the stock logically needs to grow 81.0 percent from here.

The company has a return on investment of -149.22% and return on equity of -119.56%. The beta has a value of 1.61. Price to book ratio is 1.72.