Akanda Corp (NASDAQ:AKAN) currently has a daily average trading volume of 358.44K but it saw 346543 shares traded in last market. With a market cap of 2.42M USD, the company’s current market price of $1.70 came rising about 4.94 while comparing to the previous closing price of $1.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $56.80 and as low as $1.22. In the recent trading on the day, stock has struck highest price mark of $1.62 while lowest mark touched by it was $1.98.
Taking a look at 20-day trading activity of Akanda Corp (AKAN) gives us an average price of $1.4874, while its current price level is -97.01% below from 52-week high level whereas it is 39.34% 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 $1.8369 while that of 200 days or SMA-200 reads an average of $6.3527. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.48% during that period while stretching the period over a month that decreases to 12.51%. 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 55.03 which implies that the stock is in neutral territory.
Over the week, AKAN’s stock price is moving 24.09% up while it is 1.92% when we observe its performance for the past one month. Year-to-date it is -95.18% down and over the past year, the stock is showing a downside performance of -95.04%.
Currently, Akanda Corp’s total number of outstanding shares is 2.85M. Company’s return on investment (ROI) stands at -636.31% and return on equity (ROE) at -218.30%. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 0.97 while price to sale or P/S ratio amounts to 1.95. Its return on asset (ROA) is -123.16% on average.
