With 25.77M Outstanding Shares, Can NKGen Biotech Inc (NASDAQ: NKGN) Deliver Big Short-Term Gains?

NKGen Biotech Inc (NASDAQ:NKGN) currently has a daily average trading volume of 1.36M but it saw 1030074 shares traded in last market. With a market cap of 31.05M USD, the company’s current market price of $0.87 came rising about 11.12 while comparing to the previous closing price of $0.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.06 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.781 while lowest mark touched by it was $0.96.

Taking a look at 20-day trading activity of NKGen Biotech Inc (NKGN) gives us an average price of $0.5262, while its current price level is -78.47% below from 52-week high level whereas it is 331.44% 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 $0.4087 while that of 200 days or SMA-200 reads an average of $0.9660. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.00% during that period while stretching the period over a month that decreases to 17.87%. 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 80.86 which implies that the stock is in overbought territory.

Over the week, NKGN’s stock price is moving 78.31% up while it is 140.53% when we observe its performance for the past one month. Year-to-date it is -68.21% down and over the past year, the stock is showing a downside performance of -69.00%.

Currently, NKGen Biotech Inc’s total number of outstanding shares is 25.77M. Company’s return on equity (ROE) at -118.66%. Stock’s beta reads 0.68. Its return on asset (ROA) is -196.21% on average.