Why Shuttle Pharmaceuticals Holdings Inc (NASDAQ: SHPH) At $0.77 Is Worth Your Money?

Shuttle Pharmaceuticals Holdings Inc (NASDAQ:SHPH) does about 1.10M shares in volume on a normal day but saw 151500 shares change hands in the recent trading day. The company now has a market cap of 2.83M USD. Its current market price is $0.77, marking an increase of 7.83% compared to the previous close of $0.71. The 52 week high reached by this stock is $4.95 whilst the lowest price level in 52 weeks is $0.58.

Shuttle Pharmaceuticals Holdings Inc (SHPH) has a 20-day trading average at $0.7454 and the current price is -84.41% off the 52-week high compared with 32.93% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.0401 and its 200-day simple moving average is $2.3984. If we look at the stock’s price movements over the week, volatility stands at 15.39%, which decreases to 10.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.45 to suggest the stock is neutral.

The current price level is 3.43%, -25.87%, and -67.85% away from its SMA20, SMA50, and SMA200 respectively, with the SHPH price moving above the 50-day SMA on current market day. Shuttle Pharmaceuticals Holdings Inc (SHPH) stock is up 25.36% over the week and -11.47% over the past month. Its price is -78.82% year-to-date and -78.67% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

The company has a return on equity of -427.85%. The beta has a value of 0.38.