Ideas And Forecasts On Elevai Labs Inc. (NASDAQ: ELAB)

Elevai Labs Inc. (NASDAQ:ELAB) currently has a daily average trading volume of 14.37M but it saw 3434703 shares traded in last market. With a market cap of 1.81M USD, the company’s current market price of $0.09 came rising about 1.16 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.24 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.0832 while lowest mark touched by it was $0.087.

Taking a look at 20-day trading activity of Elevai Labs Inc. (ELAB) gives us an average price of $0.1059, while its current price level is -97.95% below from 52-week high level whereas it is 11.40% 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 $0.2229 while that of 200 days or SMA-200 reads an average of $0.5904. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.67% during that period while stretching the period over a month that increases to 12.71%. 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 30.55 which implies that the stock is in neutral territory.

Over the week, ELAB’s stock price is moving -10.68% down while it is -71.00% when we observe its performance for the past one month. Year-to-date it is -95.24% down and over the past year.

Currently, Elevai Labs Inc.’s total number of outstanding shares is 17.33M. Company’s return on investment (ROI) stands at -179.98%. Stock has a price to book (P/B) ratio of 0.62 while price to sale or P/S ratio amounts to 0.73.