Mira Pharmaceuticals Inc (NASDAQ:MIRA) does about 1.42M shares in volume on a normal day but saw 1678199 shares change hands in the recent trading day. The company now has a market cap of 24.67M USD. Its current market price is $1.49, marking an increase of 18.25% compared to the previous close of $1.26. The 52 week high reached by this stock is $5.01 whilst the lowest price level in 52 weeks is $0.51.
Mira Pharmaceuticals Inc (MIRA) has a 20-day trading average at $1.1560 and the current price is -70.26% off the 52-week high compared with 192.16% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.3769 and its 200-day simple moving average is $1.2414. If we look at the stock’s price movements over the week, volatility stands at 11.16%, which decreases to 9.63% 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 67.56 to suggest the stock is neutral.
The consensus objective for the share price is $14.08, suggesting that the stock has a potential upside of 89.42% over the period.
The current price level is 28.89%, 8.21%, and 20.03% away from its SMA20, SMA50, and SMA200 respectively, with the MIRA price moving below the 50-day SMA on current market day. Mira Pharmaceuticals Inc (MIRA) stock is up 30.70% over the week and 25.21% over the past month. Its price is 30.70% year-to-date and 31.86% over the past year.
To reach the target analysts have set, the stock logically needs to grow 89.42 percent from here.
The company has a return on investment of -314.53% and return on equity of -192.32%. The beta has a value of 2.15. Price to book ratio is 6.78.
