ZyVersa Therapeutics Inc (NASDAQ: ZVSA): Retirees Don’t Worry About Volatility

ZyVersa Therapeutics Inc (NASDAQ:ZVSA) currently has a daily average trading volume of 1.18M but it saw 2674502 shares traded in last market. With a market cap of 2.69M USD, the company’s current market price of $1.15 came falling about -6.50 while comparing to the previous closing price of $1.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $42.38 and as low as $1.04. In the recent trading on the day, stock has struck highest price mark of $1.1 while lowest mark touched by it was $1.19.

Taking a look at 20-day trading activity of ZyVersa Therapeutics Inc (ZVSA) gives us an average price of $1.6346, while its current price level is -97.29% below from 52-week high level whereas it is 10.57% 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 $2.0258 while that of 200 days or SMA-200 reads an average of $4.4881. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.15% during that period while stretching the period over a month that increases to 13.21%. 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 32.48 which implies that the stock is in neutral territory.

Over the week, ZVSA’s stock price is moving -8.00% down while it is -47.73% when we observe its performance for the past one month. Year-to-date it is -87.22% down and over the past year, the stock is showing a downside performance of -95.87%.

Currently, ZyVersa Therapeutics Inc’s total number of outstanding shares is 1.07M. Company’s return on investment (ROI) stands at -303.53% and return on equity (ROE) at -159.59%. Stock’s beta reads 0.55. Stock has a price to book (P/B) ratio of 0.18. Its return on asset (ROA) is -81.61% on average.