A Few Bright Spots In ZyVersa Therapeutics Inc (NASDAQ: ZVSA)

ZyVersa Therapeutics Inc (NASDAQ:ZVSA) currently has a daily average trading volume of 79.95K but it saw 1968129 shares traded in last market. With a market cap of 2.42M USD, the company’s current market price of $2.26 remained unchanged while comparing to the previous closing price of $2.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $46.97 and as low as $2.08. In the recent trading on the day, stock has struck highest price mark of $1.901 while lowest mark touched by it was $2.35.

Taking a look at 20-day trading activity of ZyVersa Therapeutics Inc (ZVSA) gives us an average price of $2.28, while its current price level is -95.19% below from 52-week high level whereas it is 8.65% 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 $2.58 while that of 200 days or SMA-200 reads an average of $5.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.01% during that period while stretching the period over a month that decreases to 7.36%. 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 41.20 which implies that the stock is in neutral territory.

Over the week, ZVSA’s stock price is moving -3.83% down while it is -7.00% when we observe its performance for the past one month. Year-to-date it is -74.89% down and over the past year, the stock is showing a downside performance of -94.71%.

Currently, ZyVersa Therapeutics Inc’s total number of outstanding shares is 1.07M. Company’s return on investment (ROI) stands at -253.64% and return on equity (ROE) at -152.23%. Stock’s beta reads 0.64. Stock has a price to book (P/B) ratio of 0.22. Its return on asset (ROA) is -84.85% on average.