Should Investors Trust The Upside Potential In Athira Pharma Inc (ATHA)?

Athira Pharma Inc (NASDAQ:ATHA) currently has a daily average trading volume of 617.90K but it saw 991911 shares traded in last market. With a market cap of 19.60M USD, the company’s current market price of $0.51 came rising about 4.04 while comparing to the previous closing price of $0.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.30 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.48 while lowest mark touched by it was $0.535.

Taking a look at 20-day trading activity of Athira Pharma Inc (ATHA) gives us an average price of $2.2479, while its current price level is -88.14% below from 52-week high level whereas it is 9.66% 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 $2.7920 while that of 200 days or SMA-200 reads an average of $2.6716. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.33% during that period while stretching the period over a month that decreases to 9.27%. 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 15.85 which implies that the stock is in oversold territory.

Over the week, ATHA’s stock price is moving -9.27% down while it is -82.78% when we observe its performance for the past one month. Year-to-date it is -79.02% down and over the past year, the stock is showing a downside performance of -75.25%.

Currently, Athira Pharma Inc’s total number of outstanding shares is 38.17M. Company’s return on investment (ROI) stands at -134.50% and return on equity (ROE) at -84.57%. Stock’s beta reads 3.10. Stock has a price to book (P/B) ratio of 0.24. Its return on asset (ROA) is -71.06% on average.