Ideas And Forecasts On HCW Biologics Inc (NASDAQ: HCWB)

HCW Biologics Inc (NASDAQ:HCWB) currently has a daily average trading volume of 9.41M but it saw 166270 shares traded in last market. With a market cap of 15.13M USD, the company’s current market price of $0.40 came falling about -2.44 while comparing to the previous closing price of $0.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.52 and as low as $0.28. In the recent trading on the day, stock has struck highest price mark of $0.3801 while lowest mark touched by it was $0.42.

Taking a look at 20-day trading activity of HCW Biologics Inc (HCWB) gives us an average price of $0.4060, while its current price level is -84.13% below from 52-week high level whereas it is 44.88% 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 $0.4703 while that of 200 days or SMA-200 reads an average of $0.7751. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.91% during that period while stretching the period over a month that increases to 13.99%. 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 45.11 which implies that the stock is in neutral territory.

Over the week, HCWB’s stock price is moving -10.33% down while it is -0.22% when we observe its performance for the past one month. Year-to-date it is -10.33% down and over the past year, the stock is showing a downside performance of -66.67%.

Currently, HCW Biologics Inc’s total number of outstanding shares is 37.82M. Company’s return on equity (ROE) at -537.24%. Stock’s beta reads 0.88. Stock has a price to sale or P/S ratio amounts to 4.32. Its return on asset (ROA) is -120.09% on average.