With 0.03M Outstanding Shares, Can TC BioPharm (Holdings) plc ADR (NASDAQ: TCBP) Deliver Big Short-Term Gains?

TC BioPharm (Holdings) plc ADR (NASDAQ:TCBP) currently has a daily average trading volume of 234.08K but it saw 1691139 shares traded in last market. With a market cap of 0.05M USD, the company’s current market price of $1.73 came falling about -10.82 while comparing to the previous closing price of $1.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $523.20 and as low as $1.75.

Taking a look at 20-day trading activity of TC BioPharm (Holdings) plc ADR (TCBP) gives us an average price of $2.7873, while its current price level is -99.67% below from 52-week high level whereas it is -1.14% 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 $6.0957 while that of 200 days or SMA-200 reads an average of $68.2123. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.40% during that period while stretching the period over a month that increases to 22.16%. 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 25.64 which implies that the stock is in oversold territory.

Over the week, TCBP’s stock price is moving -16.83% down while it is -72.58% when we observe its performance for the past one month. Year-to-date it is -83.24% down and over the past year, the stock is showing a downside performance of -99.19%.

Currently, TC BioPharm (Holdings) plc ADR’s total number of outstanding shares is 0.03M. Stock’s beta reads -0.08. Stock has a price to book (P/B) ratio of 0.87.