Predicting Future Price Moves In Tff Pharmaceuticals Inc (TFFP)

Tff Pharmaceuticals Inc (NASDAQ:TFFP) does about 100.88K shares in volume on a normal day but saw 9187749 shares change hands in the recent trading day. The company now has a market cap of 0.31M USD. Its current market price is $0.38, marking a decrease of -76.49% compared to the previous close of $1.60. The 52 week high reached by this stock is $11.00 whilst the lowest price level in 52 weeks is $1.35.

Tff Pharmaceuticals Inc (TFFP) has a 20-day trading average at $1.9445 and the current price is -96.58% off the 52-week high compared with -72.14% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.0188 and its 200-day simple moving average is $3.1727. If we look at the stock’s price movements over the week, volatility stands at 23.13%, which decreases to 18.88% 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 23.41 to suggest the stock is oversold.

The consensus objective for the share price is $30.00, suggesting that the stock has a potential upside of 98.73% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 19, 2022 when H.C. Wainwright resumed the stock to “Buy” and issued a price target of $22. B. Riley Securities initiated its price target at $36.

The current price level is -80.66%, -81.37%, and -88.15% away from its SMA20, SMA50, and SMA200 respectively, with the TFFP price moving above the 50-day SMA on current market day. Tff Pharmaceuticals Inc (TFFP) stock is down -77.61% over the week and -81.74% over the past month. Its price is -94.64% year-to-date and -93.41% over the past year.

To reach the target analysts have set, the stock logically needs to grow 98.73 percent from here.

The company has a return on investment of -329.84% and return on equity of -213.51%. The beta has a value of 1.24. Price to book ratio is 0.21.