Putting The Spotlight On ReShape Lifesciences Inc. (RSLS)

ReShape Lifesciences Inc. (NASDAQ:RSLS) currently has a daily average trading volume of 1.47M but it saw 2043431 shares traded in last market. With a market cap of 4.76M USD, the company’s current market price of $0.16 came rising about 7.93 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.91 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.152 while lowest mark touched by it was $0.1768.

Taking a look at 20-day trading activity of ReShape Lifesciences Inc. (RSLS) gives us an average price of $0.1630, while its current price level is -82.30% below from 52-week high level whereas it is 14.50% 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 $0.1867 while that of 200 days or SMA-200 reads an average of $0.1996. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.79% during that period while stretching the period over a month that decreases to 7.54%. 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 46.14 which implies that the stock is in neutral territory.

Over the week, RSLS’s stock price is moving 6.02% up while it is -10.50% when we observe its performance for the past one month. Year-to-date it is -35.16% down and over the past year, the stock is showing a downside performance of -81.37%.

Currently, ReShape Lifesciences Inc.’s total number of outstanding shares is 29.39M. Company’s return on investment (ROI) stands at -287.44% and return on equity (ROE) at -184.59%. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 1.57 while price to sale or P/S ratio amounts to 0.59. Its return on asset (ROA) is -98.88% on average.