HCW Biologics Inc (NASDAQ:HCWB) does about 27.55K shares in volume on a normal day but saw 1241993 shares change hands in the recent trading day. The company now has a market cap of 11.95M USD. Its current market price is $0.32, marking a decrease of -12.32% compared to the previous close of $0.36. The 52 week high reached by this stock is $1.93 whilst the lowest price level in 52 weeks is $0.35.
HCW Biologics Inc (HCWB) has a 20-day trading average at $0.4603 and the current price is -83.63% off the 52-week high compared with -9.85% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5080 and its 200-day simple moving average is $0.9383. If we look at the stock’s price movements over the week, volatility stands at 13.08%, which decreases to 12.11% 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 26.82 to suggest the stock is oversold.
The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 89.33% over the period.
The current price level is -31.37%, -37.82%, and -66.33% away from its SMA20, SMA50, and SMA200 respectively, with the HCWB price moving above the 50-day SMA on current market day. HCW Biologics Inc (HCWB) stock is down -26.71% over the week and -40.17% over the past month. Its price is -74.21% year-to-date and -80.26% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 89.33 percent from here.
The company has a return on investment of -1065.48% and return on equity of -344.32%. The beta has a value of 0.77. Price to sales ratio is 3.05.
