Should You Sell Carmell Corp (CTCX) And Go Away This Year?

Carmell Corp (NASDAQ:CTCX) currently has a daily average trading volume of 4.61M but it saw 3733303 shares traded in last market. With a market cap of 5.89M USD, the company’s current market price of $0.28 came rising about 3.41 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.31 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.2636 while lowest mark touched by it was $0.2831.

Taking a look at 20-day trading activity of Carmell Corp (CTCX) gives us an average price of $0.3415, while its current price level is -93.46% below from 52-week high level whereas it is 40.23% 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 $0.3812 while that of 200 days or SMA-200 reads an average of $1.6578. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.53% during that period while stretching the period over a month that increases to 20.91%. 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 40.90 which implies that the stock is in neutral territory.

Over the week, CTCX’s stock price is moving -6.68% down while it is -55.19% when we observe its performance for the past one month. Year-to-date it is -92.60% down and over the past year, the stock is showing a downside performance of -86.24%.

Currently, Carmell Corp’s total number of outstanding shares is 23.09M. Company’s return on equity (ROE) at -12.12%. Stock’s beta reads 0.26. Stock has a price to sale or P/S ratio amounts to 1.58. Its return on asset (ROA) is -8.68% on average.