Bluejay Diagnostics Inc (BJDX) Down -99.69% From Its 52-Week High, But Growth Potential Is Changing Over Time

Bluejay Diagnostics Inc (NASDAQ:BJDX) currently has a daily average trading volume of 2.01M but it saw 844881 shares traded in last market. With a market cap of 0.93M USD, the company’s current market price of $0.15 came rising about 3.03 while comparing to the previous closing price of $0.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $48.80 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.1429 while lowest mark touched by it was $0.1501.

Taking a look at 20-day trading activity of Bluejay Diagnostics Inc (BJDX) gives us an average price of $0.2113, while its current price level is -99.69% below from 52-week high level whereas it is 14.05% 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 $0.4065 while that of 200 days or SMA-200 reads an average of $6.4035. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.42% during that period while stretching the period over a month that increases to 14.70%. 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 24.03 which implies that the stock is in oversold territory.

Over the week, BJDX’s stock price is moving -3.61% down while it is -56.05% when we observe its performance for the past one month. Year-to-date it is -98.47% down and over the past year, the stock is showing a downside performance of -99.57%.

Currently, Bluejay Diagnostics Inc’s total number of outstanding shares is 6.25M. Company’s return on investment (ROI) stands at -106.84% and return on equity (ROE) at -125.25%. Stock’s beta reads 0.74. Stock has a price to book (P/B) ratio of 0.04. Its return on asset (ROA) is -97.27% on average.