Avalon GloboCare Corp (NASDAQ: ALBT) 52-Week High Located At $1.44, Forget The Dips, Just Ride The Rips

Avalon GloboCare Corp (NASDAQ:ALBT) does about 4.49M shares in volume on a normal day but saw 2165247 shares change hands in the recent trading day. The company now has a market cap of 5.56M USD. Its current market price is $0.35, marking a decrease of -4.86% compared to the previous close of $0.37. The 52 week high reached by this stock is $1.44 whilst the lowest price level in 52 weeks is $0.23.

Avalon GloboCare Corp (ALBT) has a 20-day trading average at $0.3171 and the current price is -75.82% off the 52-week high compared with 48.17% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3668 and its 200-day simple moving average is $0.3905. If we look at the stock’s price movements over the week, volatility stands at 18.51%, which increases to 20.07% 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 53.80 to suggest the stock is neutral.

The current price level is 11.37%, -5.70%, and -11.03% away from its SMA20, SMA50, and SMA200 respectively, with the ALBT price moving above the 50-day SMA on current market day. Avalon GloboCare Corp (ALBT) stock is up 27.08% over the week and 29.35% over the past month. Its price is -27.91% year-to-date and -66.52% over the past year.

Outstanding shares total 11.00M with insiders holding 42.07% of the shares and institutional holders owning 1.59% of the company’s common stock. The company has a return on investment of -133.11% and return on equity of -128.85%. The beta has a value of 0.16. Price to sales ratio is 4.28.