TC BioPharm (Holdings) plc ADR (NASDAQ: TCBP) Trading under Its 20 Day MA ($5.41), Why Showing An Interesting Price Pattern?

TC BioPharm (Holdings) plc ADR (NASDAQ:TCBP) does about 242.90K shares in volume on a normal day but saw 2731706 shares change hands in the recent trading day. The company now has a market cap of 0.73M USD. Its current market price is $2.27, marking a decrease of -55.14% compared to the previous close of $5.06. The 52 week high reached by this stock is $138.00 whilst the lowest price level in 52 weeks is $2.11.

TC BioPharm (Holdings) plc ADR (TCBP) has a 20-day trading average at $5.41 and the current price is -98.36% off the 52-week high compared with 7.58% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.39 and its 200-day simple moving average is $10.75. If we look at the stock’s price movements over the week, volatility stands at 37.18%, which decreases to 19.97% 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 26.98 to suggest the stock is oversold.

The consensus objective for the share price is $1441.41, suggesting that the stock has a potential upside of 99.84% over the period.

The current price level is -58.01%, -57.86%, and -78.89% away from its SMA20, SMA50, and SMA200 respectively, with the TCBP price moving above the 50-day SMA on current market day. TC BioPharm (Holdings) plc ADR (TCBP) stock is down -54.96% over the week and -63.33% over the past month. Its price is -92.84% year-to-date and -97.09% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 99.84 percent from here.

Outstanding shares total 0.10M with insiders holding 0.01% of the shares and institutional holders owning 3.32% of the company’s common stock. The beta has a value of 0.12. Price to book ratio is 33.58.