Carmell Corp (NASDAQ: CTCX): Retirees Don’t Worry About Volatility

Carmell Corp (NASDAQ:CTCX) currently has a daily average trading volume of 5.86M but it saw 3220948 shares traded in last market. With a market cap of 6.73M USD, the company’s current market price of $0.32 came rising about 13.10 while comparing to the previous closing price of $0.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.31 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.2375 while lowest mark touched by it was $0.3375.

Taking a look at 20-day trading activity of Carmell Corp (CTCX) gives us an average price of $0.2685, while its current price level is -92.53% below from 52-week high level whereas it is 60.94% 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 $0.3058 while that of 200 days or SMA-200 reads an average of $1.2375. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.78% during that period while stretching the period over a month that decreases to 18.96%. 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 60.58 which implies that the stock is in neutral territory.

Over the week, CTCX’s stock price is moving 39.82% up while it is 27.83% when we observe its performance for the past one month. Year-to-date it is -91.55% down and over the past year, the stock is showing a downside performance of -91.95%.

Currently, Carmell Corp’s total number of outstanding shares is 20.91M. Company’s return on equity (ROE) at -12.12%. Stock’s beta reads 0.29. Stock has a price to sale or P/S ratio amounts to 1.80. Its return on asset (ROA) is -8.68% on average.