Quoin Pharmaceuticals Ltd ADR (NASDAQ: QNRX) Emerges As Guiding Light For Investors

Quoin Pharmaceuticals Ltd ADR (NASDAQ:QNRX) currently has a daily average trading volume of 482.05K but it saw 83964964 shares traded in last market. With a market cap of 3.14M USD, the company’s current market price of $0.79 came rising about 56.75 while comparing to the previous closing price of $0.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.18 and as low as $0.48. In the recent trading on the day, stock has struck highest price mark of $0.56 while lowest mark touched by it was $1.56.

Taking a look at 20-day trading activity of Quoin Pharmaceuticals Ltd ADR (QNRX) gives us an average price of $0.5246, while its current price level is -87.22% below from 52-week high level whereas it is 65.55% 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 $0.5781 while that of 200 days or SMA-200 reads an average of $1.3120. A closer look into the stock’s movement over the week reveals that its volatility is standing at 40.86% during that period while stretching the period over a month that decreases to 13.79%. 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 72.68 which implies that the stock is in overbought territory.

Over the week, QNRX’s stock price is moving 57.68% up while it is 40.72% when we observe its performance for the past one month. Year-to-date it is -83.89% down and over the past year, the stock is showing a downside performance of -79.48%.

Currently, Quoin Pharmaceuticals Ltd ADR’s total number of outstanding shares is 3.98M. Company’s return on investment (ROI) stands at -111.15% and return on equity (ROE) at -100.45%. Stock’s beta reads 1.94. Stock has a price to book (P/B) ratio of 0.42. Its return on asset (ROA) is -54.04% on average.