BriaCell Therapeutics Corp (NASDAQ:BCTX) does about 4.67M shares in volume on a normal day but saw 6331178 shares change hands in the recent trading day. The company now has a market cap of 31.26M USD. Its current market price is $0.87, marking an increase of 9.55% compared to the previous close of $0.80. The 52 week high reached by this stock is $5.97 whilst the lowest price level in 52 weeks is $0.46.
BriaCell Therapeutics Corp (BCTX) has a 20-day trading average at $0.9211 and the current price is -85.39% off the 52-week high compared with 87.93% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.7675 and its 200-day simple moving average is $1.9234. If we look at the stock’s price movements over the week, volatility stands at 10.71%, which increases to 22.12% 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 51.06 to suggest the stock is neutral.
The consensus objective for the share price is $15.00, suggesting that the stock has a potential upside of 94.2% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 14, 2022 when H.C. Wainwright initiated the stock to “Buy” and issued a price target of $25.
The current price level is -5.29%, 13.65%, and -54.65% away from its SMA20, SMA50, and SMA200 respectively, with the BCTX price moving below the 50-day SMA on current market day. BriaCell Therapeutics Corp (BCTX) stock is down -3.06% over the week and 27.85% over the past month. Its price is -85.09% year-to-date and -83.03% over the past year.
The stock last released its quarterly earnings report for quarter ended 4/30/2024, with the company’s earnings per share (EPS) of -0.15 above consensus estimates by 0.24. The company’s next earnings report forecasts estimating quarterly EPS at -0.52 and -1.14 for whole year.
To reach the target analysts have set, the stock logically needs to grow 94.2 percent from here.
Outstanding shares total 35.84M with insiders holding 7.94% of the shares and institutional holders owning 13.10% of the company’s common stock. The company has a return on equity of -202.12%. The beta has a value of 1.34.
