Biodexa Pharmaceuticals Plc ADR (NASDAQ: BDRX): Think Like A Lender, Not An Investor

Biodexa Pharmaceuticals Plc ADR (NASDAQ:BDRX) currently has a daily average trading volume of 31.41K but it saw 7291158 shares traded in last market. The company’s current market price of $8.40 came rising about 67.66 while comparing to the previous closing price of $5.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $220.25 and as low as $4.71. In the recent trading on the day, stock has struck highest price mark of $6.7655 while lowest mark touched by it was $10.89.

Taking a look at 20-day trading activity of Biodexa Pharmaceuticals Plc ADR (BDRX) gives us an average price of $6.55, while its current price level is -96.19% below from 52-week high level whereas it is 78.34% 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 $10.42 while that of 200 days or SMA-200 reads an average of $25.58. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.20% during that period while stretching the period over a month that decreases to 16.80%. 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 54.10 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 Ladenburg Thalmann which initiated the stock as “Buy” in its note to investors issued on February 08, 2024, recommending a price target of $8 for it.

Over the week, BDRX’s stock price is moving 75.37% up while it is -11.81% when we observe its performance for the past one month. Year-to-date it is -87.46% down and over the past year, the stock is showing a downside performance of -92.55%.

Company’s return on investment (ROI) stands at -75.99% and return on equity (ROE) at -96.61%. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 0.66. Its return on asset (ROA) is -61.80% on average.