Shuttle Pharmaceuticals Holdings Inc (NASDAQ: SHPH) Recovers 17.39% From 52-Week Low, Is SHPH Still A High-Risk, High-Reward Play?

Shuttle Pharmaceuticals Holdings Inc (NASDAQ:SHPH) currently has a daily average trading volume of 752.56K but it saw 6140243 shares traded in last market. With a market cap of 1.69M USD, the company’s current market price of $0.27 came rising about 4.65 while comparing to the previous closing price of $0.26. 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.

Taking a look at 20-day trading activity of Shuttle Pharmaceuticals Holdings Inc (SHPH) gives us an average price of $0.2886, while its current price level is -94.27% below from 52-week high level whereas it is 17.39% 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 $0.3822 while that of 200 days or SMA-200 reads an average of $1.1046. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.85% during that period while stretching the period over a month that increases to 16.71%. 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 37.99 which implies that the stock is in neutral territory.

Over the week, SHPH’s stock price is moving -3.98% down while it is -33.64% when we observe its performance for the past one month. Year-to-date it is -68.57% down and over the past year, the stock is showing a downside performance of -91.63%.

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 0.59. Stock has a price to book (P/B) ratio of 1.55. Its return on asset (ROA) is -216.24% on average.