Klotho Neurosciences Inc. (NASDAQ: KLTO) Recovers 45.68% From 52-Week Low, Is KLTO Still A High-Risk, High-Reward Play?

Klotho Neurosciences Inc. (NASDAQ:KLTO) currently has a daily average trading volume of 1.28M but it saw 3939772 shares traded in last market. With a market cap of 12.54M USD, the company’s current market price of $0.59 came rising about 5.06 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.10 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.55 while lowest mark touched by it was $0.694.

Taking a look at 20-day trading activity of Klotho Neurosciences Inc. (KLTO) gives us an average price of $0.6144, while its current price level is -95.50% below from 52-week high level whereas it is 45.68% 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 $0.8317 while that of 200 days or SMA-200 reads an average of $5.7980. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.99% during that period while stretching the period over a month that decreases to 15.93%. 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 41.92 which implies that the stock is in neutral territory.

Over the week, KLTO’s stock price is moving 19.89% up while it is -33.71% 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 -94.28%.

Currently, Klotho Neurosciences Inc.’s total number of outstanding shares is 21.26M. Company’s return on investment (ROI) stands at -8.34% and return on equity (ROE) at -0.80%. Stock’s beta reads -0.00. Its return on asset (ROA) is -0.65% on average.