Spotting A Winner: Mira Pharmaceuticals Inc (NASDAQ: MIRA) Retreats -7.06 And It Still Have Room To Run

Mira Pharmaceuticals Inc (NASDAQ:MIRA) currently has a daily average trading volume of 5.60M but it saw 589305 shares traded in last market. With a market cap of 23.35M USD, the company’s current market price of $1.58 came falling about -7.06 while comparing to the previous closing price of $1.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.59 and as low as $0.51. In the recent trading on the day, stock has struck highest price mark of $1.53 while lowest mark touched by it was $1.71.

Taking a look at 20-day trading activity of Mira Pharmaceuticals Inc (MIRA) gives us an average price of $1.9105, while its current price level is -76.02% below from 52-week high level whereas it is 209.80% 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 $1.6556 while that of 200 days or SMA-200 reads an average of $1.3237. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.71% during that period while stretching the period over a month that increases to 11.30%. 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 43.83 which implies that the stock is in neutral territory.

Over the week, MIRA’s stock price is moving -8.14% down while it is -30.70% when we observe its performance for the past one month. Year-to-date it is 50.48% up and over the past year, the stock is showing a downside performance of -74.27%.

Currently, Mira Pharmaceuticals Inc’s total number of outstanding shares is 14.78M. Company’s return on investment (ROI) stands at -576.14% and return on equity (ROE) at -748.59%. Stock’s beta reads 4.31. Stock has a price to book (P/B) ratio of 10.52. Its return on asset (ROA) is -373.77% on average.