Tevogen Bio Holdings Inc (NASDAQ: TVGN): Think Like A Lender, Not An Investor

Tevogen Bio Holdings Inc (NASDAQ:TVGN) currently has a daily average trading volume of 14.95M but it saw 5509677 shares traded in last market. With a market cap of 194.54M USD, the company’s current market price of $1.14 came falling about -12.31 while comparing to the previous closing price of $1.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.09 and as low as $0.26. In the recent trading on the day, stock has struck highest price mark of $1.0301 while lowest mark touched by it was $1.39.

Taking a look at 20-day trading activity of Tevogen Bio Holdings Inc (TVGN) gives us an average price of $1.8625, while its current price level is -94.59% below from 52-week high level whereas it is 346.01% 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 $0.9894 while that of 200 days or SMA-200 reads an average of $2.1909. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.94% during that period while stretching the period over a month that increases to 36.17%. 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 42.25 which implies that the stock is in neutral territory.

Over the week, TVGN’s stock price is moving -54.94% down while it is 339.65% when we observe its performance for the past one month. Year-to-date it is -89.76% down and over the past year, the stock is showing a downside performance of -89.42%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Tevogen Bio Holdings Inc’s total number of outstanding shares is 170.65M. Company’s return on equity (ROE) at 268.90%. Stock’s beta reads -1.24. Its return on asset (ROA) is 22.57% on average.