Investors Getting Picky When It Comes To Buying Carmell Corp (CTCX)

Carmell Corp (NASDAQ:CTCX) does about 4.45M shares in volume on a normal day but saw 2142943 shares change hands in the recent trading day. The company now has a market cap of 10.83M USD. Its current market price is $0.52, marking a decrease of -3.32% compared to the previous close of $0.54. The 52 week high reached by this stock is $4.31 whilst the lowest price level in 52 weeks is $0.29.

Carmell Corp (CTCX) has a 20-day trading average at $0.4023 and the current price is -87.99% off the 52-week high compared with 78.59% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5344 and its 200-day simple moving average is $1.9468. If we look at the stock’s price movements over the week, volatility stands at 68.59%, which decreases to 32.03% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 53.77 to suggest the stock is neutral.

The current price level is 28.73%, -3.09%, and -73.40% away from its SMA20, SMA50, and SMA200 respectively, with the CTCX price moving above the 50-day SMA on current market day. Carmell Corp (CTCX) stock is up 48.99% over the week and 25.89% over the past month. Its price is -86.41% year-to-date and -82.74% over the past year.

Outstanding shares total 23.09M with insiders holding 33.64% of the shares and institutional holders owning 18.89% of the company’s common stock. The company has a return on equity of -12.12%. The beta has a value of 0.33. Price to sales ratio is 2.90.