The trading price of AIkido Pharma Inc. (NASDAQ:AIKI) closed higher on Friday, Feb 19, closing at $1.54, 5.19% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.5600 and $1.7500. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 1.62. In examining the 52-week price action we see that the stock hit a 52-week high of $5.46 and a 52-week low of $0.47. Over the past month, the stock has gained 37.29% in value.
On the technical side, indicators suggest AIKI has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0, which symbolizes a positive outlook. A quick review shows that AIKI’s price is currently 0.9% off the SMA20 and 41.85% off the SMA50. The RSI metric on the 14-day chart is currently showing 52.68, and weekly volatility stands at 17.28%. When measured over the past 30 days, the indicator reaches 16.47%. AIkido Pharma Inc. (NASDAQ:AIKI)’s beta value is currently sitting at 1.62, while the Average True Range indicator is currently displaying 0.27. With analysts defining $1802.25-$1802.25 as the low and high price targets, we arrive at a consensus price target of $1802.25 for the trailing 12-month period. The current price is about 111150% off the estimated low and 111150% off the forecast high, based on this estimate. Investors will be thrilled if AIKI’s share price rises to $1802.25, which is the median consensus price. At that level, AIKI’s share price would be +111150% above current price.
To see how AIkido Pharma Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: AIKI stock’s performance was +5.19% in the latest trading, and +62.16% in the past year, while Bristol-Myers Squibb Company (BMY) has traded -0.69% on the day and positioned -7.01% lower than it was a year ago. Another comparable company Amgen Inc (AMGN) saw its stock close -0.36% lower in the most recent trading session but was up +4.3% in a year. Furthermore, Gilead Sciences Inc (GILD) showed an increase of 5.19% on the day while its price kept rising at 62.16% over the past year. AIkido Pharma Inc. has a P/E ratio of 0, compared to Bristol-Myers Squibb Company’s 0 and Amgen Inc’s 18.81. Also in last trading session, the S&P 500 Index has soared -0.19%, while the Dow Jones Industrial also saw a negative seesion, down 0% on the day.
An evaluation of the daily trading volume of AIkido Pharma Inc. (NASDAQ:AIKI) indicates that the 3-month average is 16.43 Million. However, this figure has increased over the past 10 days to an average of 41.88 Million.
Currently, records show that 34.92 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 5.62% of outstanding shares, whereas institutions hold 13.1%. The stats also highlight that short interest as of January 28, 2021, stood at 1.18 Million shares, resulting in a short ratio of 0.04 at that time. From this, we can conclude that short interest is 3.37% of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 760.76 Million. However, since the stock’s price has seen +85.46% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
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