Investors Getting Picky When It Comes To Buying Earlyworks Co Ltd ADR (ELWS)

Earlyworks Co Ltd ADR (NASDAQ:ELWS) does about 713.15K shares in volume on a normal day but saw 3015610 shares change hands in the recent trading day. The company now has a market cap of 13.20M USD. Its current market price is $4.37, marking an increase of 56.31% compared to the previous close of $2.80. The 52 week high reached by this stock is $13.00 whilst the lowest price level in 52 weeks is $1.04.

Earlyworks Co Ltd ADR (ELWS) has a 20-day trading average at $2.32 and the current price is -66.38% off the 52-week high compared with 320.19% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.35 and its 200-day simple moving average is $2.61. If we look at the stock’s price movements over the week, volatility stands at 25.35%, which decreases to 12.95% 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 83.84 to suggest the stock is overbought.

The current price level is 88.13%, 85.85%, and 67.53% away from its SMA20, SMA50, and SMA200 respectively, with the ELWS price moving below the 50-day SMA on current market day. Earlyworks Co Ltd ADR (ELWS) stock is up 118.40% over the week and 99.14% over the past month. Its price is 38.93% year-to-date and 45.67% over the past year.

The company has a return on investment of -93.95% and return on equity of -126.29%. The beta has a value of 1.11. Price to book ratio is 6.21 and price to sales ratio is 10.82.