Silexion Therapeutics Corp (SLXN) Down -98.41% From Its 52-Week High, But Growth Potential Is Changing Over Time

Silexion Therapeutics Corp (NASDAQ:SLXN) currently has a daily average trading volume of 785.81K but it saw 83662 shares traded in last market. With a market cap of 3.11M USD, the company’s current market price of $1.94 came falling about -7.62 while comparing to the previous closing price of $2.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $122.02 and as low as $1.86. In the recent trading on the day, stock has struck highest price mark of $1.93 while lowest mark touched by it was $2.1374.

Taking a look at 20-day trading activity of Silexion Therapeutics Corp (SLXN) gives us an average price of $2.52, while its current price level is -98.41% below from 52-week high level whereas it is 4.13% 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 $2.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.27% during that period while stretching the period over a month that increases to 17.79%. 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 39.03 which implies that the stock is in neutral territory.

Over the week, SLXN’s stock price is moving -3.48% down while it is -29.45% when we observe its performance for the past one month. Year-to-date it is -3.48% down and over the past year, the stock is showing a downside performance of -97.87%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Silexion Therapeutics Corp’s total number of outstanding shares is 1.24M. Company’s return on equity (ROE) at -3.78%. Stock’s beta reads 0.02. Its return on asset (ROA) is -284.50% on average.