FibroBiologics Inc (NASDAQ: FBLG) Now -93.78% Off Its High ($55.00), Does Analysts See Headwinds And Risks?

FibroBiologics Inc (NASDAQ:FBLG) currently has a daily average trading volume of 400.19K but it saw 1829347 shares traded in last market. With a market cap of 120.25M USD, the company’s current market price of $3.42 came falling about -12.08 while comparing to the previous closing price of $3.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.00 and as low as $1.08. In the recent trading on the day, stock has struck highest price mark of $3.2 while lowest mark touched by it was $4.41.

Taking a look at 20-day trading activity of FibroBiologics Inc (FBLG) gives us an average price of $1.82, while its current price level is -93.78% below from 52-week high level whereas it is 217.28% 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 $3.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 35.67% during that period while stretching the period over a month that decreases to 25.73%. 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 60.80 which implies that the stock is in neutral territory.

Over the week, FBLG’s stock price is moving 123.53% up while it is 86.89% when we observe its performance for the past one month. Year-to-date it is -88.25% down and over the past year.

Currently, FibroBiologics Inc’s total number of outstanding shares is 28.23M.