HCW Biologics Inc (HCWB) At $0.71 Offering A Unique Opportunity

HCW Biologics Inc (NASDAQ:HCWB) currently has a daily average trading volume of 8.82M but it saw 3847866 shares traded in last market. With a market cap of 26.84M USD, the company’s current market price of $0.71 came falling about -25.08 while comparing to the previous closing price of $0.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.52 and as low as $0.28. In the recent trading on the day, stock has struck highest price mark of $0.695 while lowest mark touched by it was $0.8694.

Taking a look at 20-day trading activity of HCW Biologics Inc (HCWB) gives us an average price of $0.5167, while its current price level is -71.84% below from 52-week high level whereas it is 157.01% 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 $0.5273 while that of 200 days or SMA-200 reads an average of $0.9229. A closer look into the stock’s movement over the week reveals that its volatility is standing at 63.57% during that period while stretching the period over a month that decreases to 24.23%. 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 55.23 which implies that the stock is in neutral territory.

Over the week, HCWB’s stock price is moving 129.64% up while it is 39.14% when we observe its performance for the past one month. Year-to-date it is -42.07% down and over the past year, the stock is showing a downside performance of -33.06%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.3 beaten by the consensus estimate of -0.15 for the same. 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, HCW Biologics Inc’s total number of outstanding shares is 36.03M with 52.30% of that held by the insiders while 3.13% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -537.24%. Stock’s beta reads 1.20. Stock has a price to sale or P/S ratio amounts to 7.67. Its return on asset (ROA) is -120.09% on average.