Know Labs Inc (AMEX: KNW) Recovers 32.69% From 52-Week Low, Is KNW Still A High-Risk, High-Reward Play?

Know Labs Inc (AMEX:KNW) currently has a daily average trading volume of 305.86K but it saw 343603 shares traded in last market. With a market cap of 26.10M USD, the company’s current market price of $0.24 came rising about 4.55 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.94 and as low as $0.18. In the recent trading on the day, stock has struck highest price mark of $0.2415 while lowest mark touched by it was $0.2568.

Taking a look at 20-day trading activity of Know Labs Inc (KNW) gives us an average price of $0.2334, while its current price level is -74.31% below from 52-week high level whereas it is 32.69% 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 $0.2398 while that of 200 days or SMA-200 reads an average of $0.4552. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.17% during that period while stretching the period over a month that increases to 11.49%. 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 53.30 which implies that the stock is in neutral territory.

Over the week, KNW’s stock price is moving 4.91% up while it is 15.00% when we observe its performance for the past one month. Year-to-date it is -52.55% down and over the past year, the stock is showing a downside performance of -43.24%.

Currently, Know Labs Inc’s total number of outstanding shares is 108.10M. Company’s return on equity (ROE) at -2088.74%. Stock’s beta reads 1.49. Its return on asset (ROA) is -277.97% on average.