Aduro Clean Technologies Inc (NASDAQ: ADUR) – Time For Strategy Change?

Aduro Clean Technologies Inc (NASDAQ:ADUR) currently has a daily average trading volume of 80.59K but it saw 120686 shares traded in last market. With a market cap of 157.01M USD, the company’s current market price of $5.55 came falling about -11.48 while comparing to the previous closing price of $6.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.00 and as low as $2.86. In the recent trading on the day, stock has struck highest price mark of $5.35 while lowest mark touched by it was $6.31.

Taking a look at 20-day trading activity of Aduro Clean Technologies Inc (ADUR) gives us an average price of $5.85, while its current price level is -20.71% below from 52-week high level whereas it is 94.06% 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 $5.49 while that of 200 days or SMA-200 reads an average of $4.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.50% during that period while stretching the period over a month that decreases to 6.26%. 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 44.63 which implies that the stock is in neutral territory.

Over the week, ADUR’s stock price is moving -10.63% down while it is 0.18% when we observe its performance for the past one month. Year-to-date it is -10.63% down and over the past year, the stock is showing an upside performance of 49.80%.

Currently, Aduro Clean Technologies Inc’s total number of outstanding shares is 27.23M. Company’s return on investment (ROI) stands at -83.35% and return on equity (ROE) at -104.96%. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 20.76 while price to sale or P/S ratio amounts to 628.04. Its return on asset (ROA) is -97.22% on average.