Akanda Corp (NASDAQ:AKAN) currently has a daily average trading volume of 113.52K but it saw 1090907 shares traded in last market. With a market cap of 2.43M USD, the company’s current market price of $1.70 came rising about 8.28 while comparing to the previous closing price of $1.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.52 and as low as $1.22. In the recent trading on the day, stock has struck highest price mark of $1.58 while lowest mark touched by it was $1.9.
Taking a look at 20-day trading activity of Akanda Corp (AKAN) gives us an average price of $1.6159, while its current price level is -96.42% below from 52-week high level whereas it is 39.34% 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 $1.5775 while that of 200 days or SMA-200 reads an average of $3.3098. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.83% during that period while stretching the period over a month that decreases to 8.86%. 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 54.81 which implies that the stock is in neutral territory.
Over the week, AKAN’s stock price is moving 4.94% up while it is 1.80% when we observe its performance for the past one month. Year-to-date it is 6.25% up and over the past year, the stock is showing a downside performance of -94.60%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Akanda Corp’s total number of outstanding shares is 1.43M with 1.65% of that held by the insiders while 0.00% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -636.31% and return on equity (ROE) at -218.30%. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 0.48 while price to sale or P/S ratio amounts to 1.96. Its return on asset (ROA) is -123.16% on average.
