ENDRA Life Sciences Inc (NASDAQ: NDRA) Gains 0.19% And Its 16.30% Stock Volatility Is Bewildering

ENDRA Life Sciences Inc (NASDAQ:NDRA) does about 10.25M shares in volume on a normal day but saw 1323574 shares change hands in the recent trading day. The company now has a market cap of 4.67M USD. Its current market price is $0.26, marking an increase of 0.19% compared to the previous close of $0.26. 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 $0.2575 and the current price is -99.82% off the 52-week high compared with 41.90% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2597 and its 200-day simple moving average is $17.1294. If we look at the stock’s price movements over the week, volatility stands at 16.30%, which increases to 24.02% 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 42.93 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 97.4% 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 0.03%, -0.86%, and -98.50% 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 down -21.24% over the week and 26.86% over the past month. Its price is -99.76% year-to-date and -99.46% 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 97.4 percent from here.

The company has a return on investment of -105.20% and return on equity of -120.13%. The beta has a value of 0.76. Price to book ratio is 0.04.