Quoin Pharmaceuticals Ltd ADR (NASDAQ: QNRX) Emerges As Guiding Light For Investors

Quoin Pharmaceuticals Ltd ADR (NASDAQ:QNRX) currently has a daily average trading volume of 2.51M but it saw 1004249 shares traded in last market. With a market cap of 3.31M USD, the company’s current market price of $0.83 came rising about 9.47 while comparing to the previous closing price of $0.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.18 and as low as $0.48. In the recent trading on the day, stock has struck highest price mark of $0.711 while lowest mark touched by it was $0.84.

Taking a look at 20-day trading activity of Quoin Pharmaceuticals Ltd ADR (QNRX) gives us an average price of $0.6002, while its current price level is -86.54% below from 52-week high level whereas it is 74.32% 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 $0.6102 while that of 200 days or SMA-200 reads an average of $1.1946. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.05% during that period while stretching the period over a month that decreases to 20.02%. 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 63.32 which implies that the stock is in neutral territory.

Over the week, QNRX’s stock price is moving 26.04% up while it is 55.17% when we observe its performance for the past one month. Year-to-date it is -83.04% down and over the past year, the stock is showing a downside performance of -83.26%.

Currently, Quoin Pharmaceuticals Ltd ADR’s total number of outstanding shares is 3.98M. Company’s return on investment (ROI) stands at -111.15% and return on equity (ROE) at -100.45%. Stock’s beta reads 1.92. Stock has a price to book (P/B) ratio of 0.44. Its return on asset (ROA) is -54.04% on average.