Ideas And Forecasts On ZyVersa Therapeutics Inc (NASDAQ: ZVSA)

ZyVersa Therapeutics Inc (NASDAQ:ZVSA) currently has a daily average trading volume of 1.12M but it saw 2109126 shares traded in last market. With a market cap of 1.66M USD, the company’s current market price of $1.54 came falling about -39.37 while comparing to the previous closing price of $2.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.38 and as low as $1.82. In the recent trading on the day, stock has struck highest price mark of $1.341 while lowest mark touched by it was $1.86.

Taking a look at 20-day trading activity of ZyVersa Therapeutics Inc (ZVSA) gives us an average price of $2.14, while its current price level is -96.37% below from 52-week high level whereas it is -15.38% 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 $2.32 while that of 200 days or SMA-200 reads an average of $4.73. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.61% during that period while stretching the period over a month that decreases to 10.11%. 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 35.42 which implies that the stock is in neutral territory.

Over the week, ZVSA’s stock price is moving -23.43% down while it is -34.19% when we observe its performance for the past one month. Year-to-date it is -82.89% down and over the past year, the stock is showing a downside performance of -94.85%.

Currently, ZyVersa Therapeutics Inc’s total number of outstanding shares is 1.07M. Company’s return on investment (ROI) stands at -253.64% and return on equity (ROE) at -152.23%. Stock’s beta reads 0.66. Stock has a price to book (P/B) ratio of 0.15. Its return on asset (ROA) is -84.85% on average.