Allarity Therapeutics Inc (ALLR): Investing In A Time Of Crisis

Allarity Therapeutics Inc (NASDAQ:ALLR) currently has a daily average trading volume of 483.96K but it saw 4763500 shares traded in last market. With a market cap of 5.42M USD, the company’s current market price of $1.17 came rising about 4.46 while comparing to the previous closing price of $1.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $334.14 and as low as $0.90. In the recent trading on the day, stock has struck highest price mark of $1.06 while lowest mark touched by it was $1.35.

Taking a look at 20-day trading activity of Allarity Therapeutics Inc (ALLR) gives us an average price of $1.0553, while its current price level is -99.65% below from 52-week high level whereas it is 30.00% 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 $1.2417 while that of 200 days or SMA-200 reads an average of $23.1934. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.04% during that period while stretching the period over a month that decreases to 12.36%. 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 52.69 which implies that the stock is in neutral territory.

Over the week, ALLR’s stock price is moving 12.50% up while it is 6.36% when we observe its performance for the past one month. Year-to-date it is -99.65% down and over the past year, the stock is showing a downside performance of -99.65%.

Currently, Allarity Therapeutics Inc’s total number of outstanding shares is 4.43M. Company’s return on investment (ROI) stands at -151.54% and return on equity (ROE) at -391.95%. Stock’s beta reads 0.23. Stock has a price to book (P/B) ratio of 0.25. Its return on asset (ROA) is -109.68% on average.