A Few Bright Spots In Elevai Labs Inc. (NASDAQ: ELAB)

Elevai Labs Inc. (NASDAQ:ELAB) currently has a daily average trading volume of 4.84M but it saw 511373426 shares traded in last market. With a market cap of 2.75M USD, the company’s current market price of $0.13 came rising about 54.93 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.24 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.1255 while lowest mark touched by it was $0.1796.

Taking a look at 20-day trading activity of Elevai Labs Inc. (ELAB) gives us an average price of $0.2106, while its current price level is -96.89% below from 52-week high level whereas it is 69.01% 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 $0.2864 while that of 200 days or SMA-200 reads an average of $0.6786. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.96% during that period while stretching the period over a month that decreases to 14.25%. 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 36.05 which implies that the stock is in neutral territory.

Over the week, ELAB’s stock price is moving 48.31% up while it is -59.22% when we observe its performance for the past one month. Year-to-date it is -92.78% down and over the past year.

Currently, Elevai Labs Inc.’s total number of outstanding shares is 17.33M. Company’s return on investment (ROI) stands at -179.98%. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 1.11.