Look Past The Setbacks And Give Captivision Inc (NASDAQ: CAPT) Another Chance

money audit

Captivision Inc (NASDAQ:CAPT) currently has a daily average trading volume of 4.30M but it saw 8799522 shares traded in last market. With a market cap of 22.08M USD, the company’s current market price of $0.68 came falling about -35.05 while comparing to the previous closing price of $1.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.92 and as low as $0.37. In the recent trading on the day, stock has struck highest price mark of $0.666 while lowest mark touched by it was $0.99.

Taking a look at 20-day trading activity of Captivision Inc (CAPT) gives us an average price of $0.5310, while its current price level is -91.39% below from 52-week high level whereas it is 84.17% 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 $0.6914 while that of 200 days or SMA-200 reads an average of $2.1960. A closer look into the stock’s movement over the week reveals that its volatility is standing at 83.10% during that period while stretching the period over a month that decreases to 29.97%. 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 53.37 which implies that the stock is in neutral territory.

Over the week, CAPT’s stock price is moving 66.75% up while it is -7.78% when we observe its performance for the past one month. Year-to-date it is -3.44% down and over the past year, the stock is showing a downside performance of -90.89%.

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, Captivision Inc’s total number of outstanding shares is 30.61M with 24.80% of that held by the insiders while 2.09% of its common stock has been owned by the institutions. Stock’s beta reads 0.08.