AIkido Pharma Inc. (NASDAQ:AIKI) shares, dropped in value on Thursday, Apr 08, with the stock price down by -1.88% to the previous day’s close as weak demand from buyers trailed the stock to $1.09.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.11, falling within a range of $1.0700 and $1.1000. The value of beta (5-year monthly) is 1.63 whereas the PE ratio is 0 over 12-month period. Referring to stock’s 52-week performance, its high was $2.71, and the low was $0.47. On the whole, AIKI has fluctuated by 2.78% over the past month.
We see that AIKI’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of AIKI currently trading nearly -10.77% and -21.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.98, while the 7-day volatility ratio is showing 5.75% which for the 30-day chart, stands at 9.82%. Furthermore, AIkido Pharma Inc. (AIKI)’s beta value is 1.63, and its average true range (ATR) is 0.12. The company’s stock has been forecasted to trade at an average price of $1802.25 over the course of the next 52 weeks, with a low of $1802.25 and a high of $1802.25. Based on these price targets, the low is 165244 off current price, whereas the price has to move +165244% to reach the yearly target high. Additionally, analysts’ median price of $1802.25 is likely to be welcomed by investors because it represents an increase of +165244% from the current levels.
A comparison of AIkido Pharma Inc. (AIKI) with its peers suggests the former has fared considerably weaker in the market. AIKI showed an intraday change of -1.88% in today’s session so far, and over the past year, it grew by +81%. In comparison, Amgen Inc (AMGN) has moved lower at -0.3% today and is up +17.27% over the past 12 months. On the other hand, the price of Bristol-Myers Squibb Company (BMY) has risen 0.23% today. The stock, however, is off 7.24% from where it was a year ago. Additionally, there is a decline of -188% for Gilead Sciences Inc (GILD) in recent trading while the stock has seen an overall apprecation of 81% over the past year. The PE ratio stands at 0 for AIkido Pharma Inc., compared to 20.15 for Amgen Inc, and 0 for Bristol-Myers Squibb Company. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 0.29%. Meanwhile, the Dow Jones Industrial weakened by -0.03%.
Data on historical trading for AIkido Pharma Inc. (NASDAQ:AIKI) indicates that the trading volumes over the past 10 days have averaged 3.69 Million and over the past 3 months, they’ve averaged 19.44 Million. According to company’s latest data on outstanding shares, there are 88.91 Million shares outstanding.
Nearly 0.03% of AIkido Pharma Inc.’s shares belong to company insiders and institutional investors own 8.55% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 542.07 Million shares as on March 14, 2021, resulting in a short ratio of 0.02. According to the data, the short interest in AIkido Pharma Inc. (AIKI) stood at 0.61% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 690.43 Million. The stock has risen by +27.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AIKI stock heading into the next quarter.
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