MiNK Therapeutics Inc (INKT): Investing In A Time Of Crisis

MiNK Therapeutics Inc (NASDAQ:INKT) currently has a daily average trading volume of 93.97K but it saw 250242 shares traded in last market. With a market cap of 30.91M USD, the company’s current market price of $0.78 came falling about -15.22 while comparing to the previous closing price of $0.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.90 and as low as $0.46. In the recent trading on the day, stock has struck highest price mark of $0.738 while lowest mark touched by it was $0.8894.

Taking a look at 20-day trading activity of MiNK Therapeutics Inc (INKT) gives us an average price of $0.6557, while its current price level is -58.95% below from 52-week high level whereas it is 68.39% 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 $0.6950 while that of 200 days or SMA-200 reads an average of $0.8364. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.50% during that period while stretching the period over a month that decreases to 15.73%. 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 55.18 which implies that the stock is in neutral territory.

Over the week, INKT’s stock price is moving 11.92% up while it is 15.04% when we observe its performance for the past one month. Year-to-date it is 11.92% up and over the past year, the stock is showing a downside performance of -25.71%.

Currently, MiNK Therapeutics Inc’s total number of outstanding shares is 39.55M. Stock’s beta reads 0.08. Its return on asset (ROA) is -185.77% on average.