Tevogen Bio Holdings Inc (TVGN) Down -95.02% From Its 52-Week High, But Growth Potential Is Changing Over Time

Tevogen Bio Holdings Inc (NASDAQ:TVGN) currently has a daily average trading volume of 16.28M but it saw 1863485 shares traded in last market. With a market cap of 183.81M USD, the company’s current market price of $1.05 came falling about -7.08 while comparing to the previous closing price of $1.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.09 and as low as $0.26. In the recent trading on the day, stock has struck highest price mark of $1.01 while lowest mark touched by it was $1.1301.

Taking a look at 20-day trading activity of Tevogen Bio Holdings Inc (TVGN) gives us an average price of $1.3805, while its current price level is -95.02% below from 52-week high level whereas it is 310.80% 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 $1.3461 while that of 200 days or SMA-200 reads an average of $1.7297. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.61% during that period while stretching the period over a month that increases to 18.77%. 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 39.63 which implies that the stock is in neutral territory.

Over the week, TVGN’s stock price is moving -23.36% down while it is -38.95% when we observe its performance for the past one month. Year-to-date it is -90.57% down and over the past year, the stock is showing a downside performance of -90.34%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Tevogen Bio Holdings Inc’s total number of outstanding shares is 170.77M. Company’s return on equity (ROE) at -124.74%. Stock’s beta reads -1.34. Its return on asset (ROA) is -14.86% on average.