Investors Are Waking Up To 180 Life Sciences Corp (NASDAQ: ATNF) After Losing -34.61% Over The Past 12 Months

180 Life Sciences Corp (NASDAQ:ATNF) currently has a daily average trading volume of 66.55K but it saw 89098571 shares traded in last market. With a market cap of 3.43M USD, the company’s current market price of $6.47 came rising about 325.66 while comparing to the previous closing price of $1.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.21 and as low as $1.16. In the recent trading on the day, stock has struck highest price mark of $6.3 while lowest mark touched by it was $17.75.

Taking a look at 20-day trading activity of 180 Life Sciences Corp (ATNF) gives us an average price of $1.8100, while its current price level is -42.28% below from 52-week high level whereas it is 457.76% 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 $1.8600 while that of 200 days or SMA-200 reads an average of $2.4400. A closer look into the stock’s movement over the week reveals that its volatility is standing at 42.86% during that period while stretching the period over a month that decreases to 18.75%. 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 89.44 which implies that the stock is in overbought 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 Maxim Group which initiated the stock as “Buy” in its note to investors issued on September 15, 2021, recommending a price target of $11 for it.

Over the week, ATNF’s stock price is moving 372.26% up while it is 225.13% when we observe its performance for the past one month. Year-to-date it is 59.50% up and over the past year, the stock is showing a downside performance of -34.61%.

Currently, 180 Life Sciences Corp’s total number of outstanding shares is 0.53M. Company’s return on equity (ROE) at -398.58%. Its return on asset (ROA) is -142.80% on average.