Predicting Future Price Moves In Autonomix Medical Inc. (AMIX)

Autonomix Medical Inc. (NASDAQ:AMIX) does about 522.89K shares in volume on a normal day but saw 889908 shares change hands in the recent trading day. The company now has a market cap of 12.21M USD. Its current market price is $0.53, marking an increase of 2.71% compared to the previous close of $0.52. The 52 week high reached by this stock is $7.60 whilst the lowest price level in 52 weeks is $0.46.

Autonomix Medical Inc. (AMIX) has a 20-day trading average at $0.5804 and the current price is -93.03% off the 52-week high compared with 14.97% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6497. If we look at the stock’s price movements over the week, volatility stands at 9.68%, which decreases to 6.50% 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 34.02 to suggest the stock is neutral.

The consensus objective for the share price is $1.40, suggesting that the stock has a potential upside of 62.14% over the period.

The current price level is -8.66%, -18.41%, and -73.97% away from its SMA20, SMA50, and SMA200 respectively, with the AMIX price moving above the 50-day SMA on current market day. Autonomix Medical Inc. (AMIX) stock is down -9.49% over the week and -11.68% over the past month. Its price is -89.55% year-to-date.

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 62.14 percent from here.

Outstanding shares total 18.85M with insiders holding 41.66% of the shares and institutional holders owning 0.40% of the company’s common stock. Price to book ratio is 1.93.