Aditxt Inc (NASDAQ: ADTX) Recovers -4.42% From 52-Week Low, Is ADTX Still A High-Risk, High-Reward Play?

Aditxt Inc (NASDAQ:ADTX) currently has a daily average trading volume of 2.52M but it saw 726183 shares traded in last market. With a market cap of 2.15M USD, the company’s current market price of $0.40 came falling about -10.76 while comparing to the previous closing price of $0.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.00 and as low as $0.42. In the recent trading on the day, stock has struck highest price mark of $0.3902 while lowest mark touched by it was $0.467.

Taking a look at 20-day trading activity of Aditxt Inc (ADTX) gives us an average price of $0.5687, while its current price level is -98.34% below from 52-week high level whereas it is -4.42% 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 $1.0137 while that of 200 days or SMA-200 reads an average of $2.6334. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.20% during that period while stretching the period over a month that increases to 14.36%. 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 26.38 which implies that the stock is in oversold territory.

Over the week, ADTX’s stock price is moving -20.40% down while it is -58.11% when we observe its performance for the past one month. Year-to-date it is -94.00% down and over the past year, the stock is showing a downside performance of -97.82%.

Currently, Aditxt Inc’s total number of outstanding shares is 5.39M. Company’s return on investment (ROI) stands at -592.42% and return on equity (ROE) at -3188.43%. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 0.12 while price to sale or P/S ratio amounts to 6.50. Its return on asset (ROA) is -241.08% on average.