Tonix Pharmaceuticals Holding Corp (TNXP) At $0.19 Offering A Unique Opportunity

Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) currently has a daily average trading volume of 37.06M but it saw 20930112 shares traded in last market. With a market cap of 35.10M USD, the company’s current market price of $0.19 came falling about -0.26 while comparing to the previous closing price of $0.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.14 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.184 while lowest mark touched by it was $0.199.

Taking a look at 20-day trading activity of Tonix Pharmaceuticals Holding Corp (TNXP) gives us an average price of $0.1569, while its current price level is -99.15% below from 52-week high level whereas it is 59.58% 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 $0.1537 while that of 200 days or SMA-200 reads an average of $3.3173. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.19% during that period while stretching the period over a month that increases to 13.48%. 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 59.96 which implies that the stock is in neutral territory.

ROTH Capital upgraded its recommendation for the stock as a “Buy” from “Neutral” on April 18, 2019 while assigning a price target of $4. ROTH Capital issued its recommendations for the stock as it upgraded the price target for the stock is $6.

Over the week, TNXP’s stock price is moving -0.89% down while it is 12.08% when we observe its performance for the past one month. Year-to-date it is -98.54% down and over the past year, the stock is showing a downside performance of -98.80%.

Currently, Tonix Pharmaceuticals Holding Corp’s total number of outstanding shares is 186.89M. Company’s return on investment (ROI) stands at -169.47% and return on equity (ROE) at -138.69%. Stock’s beta reads 2.24. Stock has a price to book (P/B) ratio of 0.39 while price to sale or P/S ratio amounts to 3.11. Its return on asset (ROA) is -115.46% on average.