Pulmatrix Inc (NASDAQ:PULM) does about 296.03K shares in volume on a normal day but saw 5346921 shares change hands in the recent trading day. The company now has a market cap of 33.44M USD. Its current market price is $6.56, marking an increase of 39.57% compared to the previous close of $4.70. The 52 week high reached by this stock is $7.87 whilst the lowest price level in 52 weeks is $1.55.
Pulmatrix Inc (PULM) has a 20-day trading average at $2.51 and the current price is -16.65% off the 52-week high compared with 323.23% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.25 and its 200-day simple moving average is $2.03. If we look at the stock’s price movements over the week, volatility stands at 45.67%, which decreases to 14.94% 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 94.68 to suggest the stock is overbought.
The consensus objective for the share price is $10.00, suggesting that the stock has a potential upside of 34.4% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 09, 2018 when H.C. Wainwright initiated the stock to “Buy” and issued a price target of $5.
The current price level is 161.26%, 191.59%, and 223.66% away from its SMA20, SMA50, and SMA200 respectively, with the PULM price moving below the 50-day SMA on current market day. Pulmatrix Inc (PULM) stock is up 220.00% over the week and 223.15% over the past month. Its price is 252.69% year-to-date and 264.44% over the past year.
To reach the target analysts have set, the stock logically needs to grow 34.4 percent from here.
The company has a return on investment of -88.42% and return on equity of -62.70%. The beta has a value of 1.20. Price to book ratio is 2.19 and price to sales ratio is 3.34.
