Tivic Health Systems Inc (NASDAQ: TIVC) Recovers 84.03% From 52-Week Low, Is TIVC Still A High-Risk, High-Reward Play?

Tivic Health Systems Inc (NASDAQ:TIVC) currently has a daily average trading volume of 5.70M but it saw 73838429 shares traded in last market. With a market cap of 5.77M USD, the company’s current market price of $0.37 came rising about 64.84 while comparing to the previous closing price of $0.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.24 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.265 while lowest mark touched by it was $0.4376.

Taking a look at 20-day trading activity of Tivic Health Systems Inc (TIVC) gives us an average price of $0.2467, while its current price level is -83.49% below from 52-week high level whereas it is 84.03% 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 $0.2748 while that of 200 days or SMA-200 reads an average of $0.5111. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.60% during that period while stretching the period over a month that decreases to 12.58%. 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 61.92 which implies that the stock is in neutral territory.

Over the week, TIVC’s stock price is moving 33.88% up while it is 22.14% when we observe its performance for the past one month. Year-to-date it is -83.21% down and over the past year, the stock is showing a downside performance of -83.75%.

Currently, Tivic Health Systems Inc’s total number of outstanding shares is 8.27M. Company’s return on investment (ROI) stands at -226.57% and return on equity (ROE) at -149.34%. Stock’s beta reads 2.34. Stock has a price to book (P/B) ratio of 0.81 while price to sale or P/S ratio amounts to 6.01. Its return on asset (ROA) is -123.47% on average.