Should You Sell Tiziana Life Sciences Ltd (TLSA) And Go Away This Year?

Tiziana Life Sciences Ltd (NASDAQ:TLSA) currently has a daily average trading volume of 233.13K but it saw 1339070 shares traded in last market. With a market cap of 112.87M USD, the company’s current market price of $1.02 came rising about 12.09 while comparing to the previous closing price of $0.91. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.74 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.96 while lowest mark touched by it was $1.08.

Taking a look at 20-day trading activity of Tiziana Life Sciences Ltd (TLSA) gives us an average price of $0.9466, while its current price level is -41.38% below from 52-week high level whereas it is 148.78% 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 $0.9522 while that of 200 days or SMA-200 reads an average of $0.8370. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.18% during that period while stretching the period over a month that increases to 8.51%. 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 56.33 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which initiated the stock as “Buy” in its note to investors issued on December 22, 2020, recommending a price target of $8 for it.

Over the week, TLSA’s stock price is moving 7.94% up while it is 12.45% when we observe its performance for the past one month. Year-to-date it is 82.14% up and over the past year, the stock is showing an upside performance of 64.49%.

Currently, Tiziana Life Sciences Ltd’s total number of outstanding shares is 100.59M. Stock’s beta reads 0.64.