Should Investors Trust The Upside Potential In TC BioPharm (Holdings) plc ADR (TCBP)?

TC BioPharm (Holdings) plc ADR (NASDAQ:TCBP) currently has a daily average trading volume of 1.16M but it saw 29185517 shares traded in last market. With a market cap of 0.32M USD, the company’s current market price of $0.65 came rising about 38.59 while comparing to the previous closing price of $0.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $41.50 and as low as $0.44. In the recent trading on the day, stock has struck highest price mark of $0.556 while lowest mark touched by it was $0.821.

Taking a look at 20-day trading activity of TC BioPharm (Holdings) plc ADR (TCBP) gives us an average price of $0.6018, while its current price level is -98.43% below from 52-week high level whereas it is 49.12% 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 $1.6479 while that of 200 days or SMA-200 reads an average of $7.8330. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.18% during that period while stretching the period over a month that decreases to 13.98%. 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 36.84 which implies that the stock is in neutral territory.

Over the week, TCBP’s stock price is moving 11.09% up while it is 6.38% when we observe its performance for the past one month. Year-to-date it is -97.95% down and over the past year, the stock is showing a downside performance of -97.51%.

Currently, TC BioPharm (Holdings) plc ADR’s total number of outstanding shares is 0.49M. Stock’s beta reads 0.02. Stock has a price to book (P/B) ratio of 5.22.