Bluejay Diagnostics Inc (BJDX): Investing In A Time Of Crisis

Bluejay Diagnostics Inc (NASDAQ:BJDX) currently has a daily average trading volume of 2.35M but it saw 13739898 shares traded in last market. With a market cap of 1.72M USD, the company’s current market price of $0.10 came falling about -5.02 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.96 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.0968 while lowest mark touched by it was $0.1345.

Taking a look at 20-day trading activity of Bluejay Diagnostics Inc (BJDX) gives us an average price of $0.1286, while its current price level is -99.73% below from 52-week high level whereas it is -0.19% 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 $0.1870 while that of 200 days or SMA-200 reads an average of $3.5456. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.17% during that period while stretching the period over a month that decreases to 11.18%. 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 23.58 which implies that the stock is in oversold territory.

Over the week, BJDX’s stock price is moving -13.98% down while it is -31.58% when we observe its performance for the past one month. Year-to-date it is -98.93% down and over the past year, the stock is showing a downside performance of -99.67%.

Currently, Bluejay Diagnostics Inc’s total number of outstanding shares is 16.55M. Company’s return on investment (ROI) stands at -106.84% and return on equity (ROE) at -125.25%. Stock’s beta reads 0.70. Stock has a price to book (P/B) ratio of 0.03. Its return on asset (ROA) is -97.27% on average.