ENDRA Life Sciences Inc (NDRA) Reports -99.80% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

ENDRA Life Sciences Inc (NASDAQ:NDRA) does about 9.90M shares in volume on a normal day but saw 4609935 shares change hands in the recent trading day. The company now has a market cap of 5.08M USD. Its current market price is $0.28, marking a decrease of -7.25% compared to the previous close of $0.30. The 52 week high reached by this stock is $139.50 whilst the lowest price level in 52 weeks is $0.18.

ENDRA Life Sciences Inc (NDRA) has a 20-day trading average at $0.2312 and the current price is -99.80% off the 52-week high compared with 54.36% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3457 and its 200-day simple moving average is $19.1947. If we look at the stock’s price movements over the week, volatility stands at 59.24%, which decreases to 19.75% 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 43.22 to suggest the stock is neutral.

The consensus objective for the share price is $10.00, suggesting that the stock has a potential upside of 97.2% over the period.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.

The current price level is 21.11%, -19.01%, and -98.54% away from its SMA20, SMA50, and SMA200 respectively, with the NDRA price moving above the 50-day SMA on current market day. ENDRA Life Sciences Inc (NDRA) stock is up 37.73% over the week and 36.45% over the past month. Its price is -99.74% year-to-date and -99.43% over the past year.

The stock last released its quarterly earnings report for quarter ended 6/30/2024, with the company’s earnings per share (EPS) of -20 above consensus estimates by 1.5. The company’s next earnings report forecasts estimating quarterly EPS at -1.78 and -11.08 for whole year.

To reach the target analysts have set, the stock logically needs to grow 97.2 percent from here.

Outstanding shares total 18.14M with insiders holding 0.28% of the shares and institutional holders owning 0.09% of the company’s common stock. The company has a return on investment of -105.20% and return on equity of -120.13%. The beta has a value of 0.77. Price to book ratio is 0.05.