BriaCell Therapeutics Corp (NASDAQ: BCTX) Increases 57.81% Over A Month, But Analysts Still See Upside Potential

BriaCell Therapeutics Corp (NASDAQ:BCTX) currently has a daily average trading volume of 4.78M but it saw 967587 shares traded in last market. With a market cap of 36.20M USD, the company’s current market price of $1.01 came rising about 9.19 while comparing to the previous closing price of $0.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.97 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.93 while lowest mark touched by it was $1.04.

Taking a look at 20-day trading activity of BriaCell Therapeutics Corp (BCTX) gives us an average price of $0.8030, while its current price level is -83.08% below from 52-week high level whereas it is 117.63% 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 $0.7295 while that of 200 days or SMA-200 reads an average of $2.1027. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.05% during that period while stretching the period over a month that increases to 23.73%. 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 56.68 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the H.C. Wainwright which initiated the stock as “Buy” in its note to investors issued on February 14, 2022, recommending a price target of $25 for it.

Over the week, BCTX’s stock price is moving 5.21% up while it is 57.81% when we observe its performance for the past one month. Year-to-date it is -82.74% down and over the past year, the stock is showing a downside performance of -81.96%.

Currently, BriaCell Therapeutics Corp’s total number of outstanding shares is 35.84M. Company’s return on equity (ROE) at -202.12%. Stock’s beta reads 1.36. Its return on asset (ROA) is -33.38% on average.