Ainos Inc (NASDAQ: AIMD) 52-Week High Located At $4.29, Forget The Dips, Just Ride The Rips

Ainos Inc (NASDAQ:AIMD) does about 178.44K shares in volume on a normal day but saw 6315633 shares change hands in the recent trading day. The company now has a market cap of 12.20M USD. Its current market price is $0.82, marking an increase of 54.76% compared to the previous close of $0.53. The 52 week high reached by this stock is $4.29 whilst the lowest price level in 52 weeks is $0.40.

Ainos Inc (AIMD) has a 20-day trading average at $0.4768 and the current price is -80.91% off the 52-week high compared with 104.75% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4727 and its 200-day simple moving average is $0.7148. If we look at the stock’s price movements over the week, volatility stands at 18.71%, which decreases to 11.48% 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 85.75 to suggest the stock is overbought.

The current price level is 71.78%, 73.28%, and 14.58% away from its SMA20, SMA50, and SMA200 respectively, with the AIMD price moving below the 50-day SMA on current market day. Ainos Inc (AIMD) stock is up 80.40% over the week and 86.99% over the past month. Its price is 79.61% year-to-date and -52.66% over the past year.

The company has a return on investment of -59.71% and return on equity of -70.60%. The beta has a value of 1.41. Price to book ratio is 0.63 and price to sales ratio is 305.08.