Cns Pharmaceuticals Inc (NASDAQ: CNSP): Retirees Don’t Worry About Volatility

Cns Pharmaceuticals Inc (NASDAQ:CNSP) currently has a daily average trading volume of 1.99M but it saw 1284305 shares traded in last market. With a market cap of 3.39M USD, the company’s current market price of $1.15 came falling about -15.44 while comparing to the previous closing price of $1.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $800.00 and as low as $0.77.

Taking a look at 20-day trading activity of Cns Pharmaceuticals Inc (CNSP) gives us an average price of $1.0588, while its current price level is -99.86% below from 52-week high level whereas it is 49.05% 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 $1.6701 while that of 200 days or SMA-200 reads an average of $5.4194. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.74% during that period while stretching the period over a month that decreases to 16.80%. 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 44.47 which implies that the stock is in neutral territory.

Over the week, CNSP’s stock price is moving 2.22% up while it is -10.16% when we observe its performance for the past one month. Year-to-date it is -80.90% down and over the past year, the stock is showing a downside performance of -99.76%.

Currently, Cns Pharmaceuticals Inc’s total number of outstanding shares is 2.94M with 0.40% of that held by the insiders while 2.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -240.55% and return on equity (ROE) at -1703.39%. Stock’s beta reads 0.88. Stock has a price to book (P/B) ratio of 0.26. Its return on asset (ROA) is -285.68% on average.