Aptorum Group Ltd (APM) Reports -87.26% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

Aptorum Group Ltd (NASDAQ:APM) does about 87.59K shares in volume on a normal day but saw 1926830 shares change hands in the recent trading day. The company now has a market cap of 7.71M USD. Its current market price is $1.08, marking an increase of 32.52% compared to the previous close of $0.81. The 52 week high reached by this stock is $8.48 whilst the lowest price level in 52 weeks is $0.46.

Aptorum Group Ltd (APM) has a 20-day trading average at $0.8486 and the current price is -87.26% off the 52-week high compared with 134.78% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9837 and its 200-day simple moving average is $1.7956. If we look at the stock’s price movements over the week, volatility stands at 19.30%, which decreases to 11.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 65.33 to suggest the stock is neutral.

The consensus objective for the share price is $80.00, suggesting that the stock has a potential upside of 98.65% over the period.

The current price level is 27.28%, 9.79%, and -39.85% away from its SMA20, SMA50, and SMA200 respectively, with the APM price moving below the 50-day SMA on current market day. Aptorum Group Ltd (APM) stock is up 47.34% over the week and 14.50% over the past month. Its price is -61.43% year-to-date and -87.46% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 98.65 percent from here.

Outstanding shares total 7.14M with insiders holding 24.08% of the shares and institutional holders owning 0.89% of the company’s common stock. The company has a return on investment of 0.07% and return on equity of 0.08%. The price to earnings ratio (P/E ratio) amounts to 57.75. The beta has a value of -0.29. Price to book ratio is 0.26.