Quoin Pharmaceuticals Ltd ADR (NASDAQ: QNRX): Think Like A Lender, Not An Investor

Quoin Pharmaceuticals Ltd ADR (NASDAQ:QNRX) currently has a daily average trading volume of 3.37M but it saw 227172 shares traded in last market. With a market cap of 3.15M USD, the company’s current market price of $0.62 came falling about -5.59 while comparing to the previous closing price of $0.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.18 and as low as $0.43. In the recent trading on the day, stock has struck highest price mark of $0.605 while lowest mark touched by it was $0.64.

Taking a look at 20-day trading activity of Quoin Pharmaceuticals Ltd ADR (QNRX) gives us an average price of $0.6347, while its current price level is -89.92% below from 52-week high level whereas it is 46.61% 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 $0.6698 while that of 200 days or SMA-200 reads an average of $0.6649. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.17% during that period while stretching the period over a month that increases to 15.20%. 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 47.98 which implies that the stock is in neutral territory.

Over the week, QNRX’s stock price is moving -4.24% down while it is -22.12% when we observe its performance for the past one month. Year-to-date it is -4.24% down and over the past year, the stock is showing a downside performance of -86.74%.

Currently, Quoin Pharmaceuticals Ltd ADR’s total number of outstanding shares is 5.05M. Company’s return on investment (ROI) stands at -160.77% and return on equity (ROE) at -136.11%. Stock’s beta reads 1.76. Stock has a price to book (P/B) ratio of 0.58. Its return on asset (ROA) is -66.14% on average.