Akanda Corp (NASDAQ:AKAN) currently has a daily average trading volume of 544.51K but it saw 4448118 shares traded in last market. With a market cap of 1.86M USD, the company’s current market price of $0.97 came rising about 2.43 while comparing to the previous closing price of $0.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $28.40 and as low as $0.91. In the recent trading on the day, stock has struck highest price mark of $0.9511 while lowest mark touched by it was $0.99.
Taking a look at 20-day trading activity of Akanda Corp (AKAN) gives us an average price of $1.0784, while its current price level is -96.58% below from 52-week high level whereas it is 6.52% 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 $1.1871 while that of 200 days or SMA-200 reads an average of $5.3986. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.98% during that period while stretching the period over a month that decreases to 8.66%. 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 33.55 which implies that the stock is in neutral territory.
Over the week, AKAN’s stock price is moving -10.19% down while it is -17.80% when we observe its performance for the past one month. Year-to-date it is -94.49% down and over the past year, the stock is showing a downside performance of -95.35%.
Currently, Akanda Corp’s total number of outstanding shares is 5.63M. Company’s return on equity (ROE) at -279.79%. Stock’s beta reads 1.48. Stock has a price to sale or P/S ratio amounts to 0.86. Its return on asset (ROA) is -134.94% on average.
