Aditxt Inc (NASDAQ: ADTX) – Time For Strategy Change?

Aditxt Inc (NASDAQ:ADTX) currently has a daily average trading volume of 1.45M but it saw 7200883 shares traded in last market. With a market cap of 4.68M USD, the company’s current market price of $1.11 came falling about -0.89 while comparing to the previous closing price of $1.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $520.00 and as low as $1.07. In the recent trading on the day, stock has struck highest price mark of $1.08 while lowest mark touched by it was $1.3.

Taking a look at 20-day trading activity of Aditxt Inc (ADTX) gives us an average price of $4.9915, while its current price level is -99.79% below from 52-week high level whereas it is 3.74% 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 $20.7288 while that of 200 days or SMA-200 reads an average of $88.2207. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.72% during that period while stretching the period over a month that increases to 32.51%. 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 14.89 which implies that the stock is in oversold territory.

Over the week, ADTX’s stock price is moving -8.26% down while it is -93.80% when we observe its performance for the past one month. Year-to-date it is -99.58% down and over the past year, the stock is showing a downside performance of -99.72%.

Company’s return on investment (ROI) stands at -592.42% and return on equity (ROE) at -3188.43%. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 14.19. Its return on asset (ROA) is -241.08% on average.