Shuttle Pharmaceuticals Holdings Inc (SHPH) Down -93.60% From Its 52-Week High, But Growth Potential Is Changing Over Time

Shuttle Pharmaceuticals Holdings Inc (NASDAQ:SHPH) currently has a daily average trading volume of 633.77K but it saw 2316860 shares traded in last market. With a market cap of 1.57M USD, the company’s current market price of $0.30 came rising about 20.15 while comparing to the previous closing price of $0.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.71 and as low as $0.23. In the recent trading on the day, stock has struck highest price mark of $0.2521 while lowest mark touched by it was $0.3069.

Taking a look at 20-day trading activity of Shuttle Pharmaceuticals Holdings Inc (SHPH) gives us an average price of $0.3550, while its current price level is -93.60% below from 52-week high level whereas it is 31.17% 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 $0.4619 while that of 200 days or SMA-200 reads an average of $1.2782. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.06% during that period while stretching the period over a month that decreases to 19.27%. 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 38.38 which implies that the stock is in neutral territory.

Over the week, SHPH’s stock price is moving 15.59% up while it is -23.54% when we observe its performance for the past one month. Year-to-date it is -64.88% down and over the past year, the stock is showing a downside performance of -90.23%.

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

Currently, Shuttle Pharmaceuticals Holdings Inc’s total number of outstanding shares is 4.08M with 24.89% of that held by the insiders while 6.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -965.41% and return on equity (ROE) at -383.84%. Stock’s beta reads 0.73. Stock has a price to book (P/B) ratio of 1.73. Its return on asset (ROA) is -216.24% on average.