AIkido Pharma Inc. (NASDAQ:AIKI) price on Friday, August 06, fall -1.37% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.81.
A look at the stock’s price movement, the level at last check in today’s session was $0.82, moving within a range at $0.791 and $0.8399. The beta value (5-Year monthly) was 1.57. Turning to its 52-week performance, $2.55 and $0.47 were the 52-week high and 52-week low respectively. Overall, AIKI moved -5.01% over the past month.
AIkido Pharma Inc.’s market cap currently stands at around $73.49 million, with investors looking forward to this quarter’s earnings report slated for Aug 04, 2021 – Aug 09, 2021.
Analysts have a consensus estimate of $6.5 million for the company’s revenue for the quarter, with a low and high estimate of $6.5 million and $6.5 million respectively.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that AIKI is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
AIKI’s current price about -7.48% and -16.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.50, while 7-day volatility ratio is 4.16% and 5.84% in the 30-day chart. Further, AIkido Pharma Inc. (AIKI) has a beta value of 1.58, and an average true range (ATR) of 0.05. Analysts have given the company’s stock an average 52-week price target of $1802.25, forecast between a low of $1802.25 and high of $1802.25. Looking at the price targets, the low is -222400.0% off recent price level in today’s trading while to achieve the yearly target high, it has to move -222400.0%. Nonetheless, investors will most likely welcome a -222400.0% jump to $1802.25 which is the analysts’ median price.
In the market, a comparison of AIkido Pharma Inc. (AIKI) and its peers suggest the former has performed considerably weaker. Data shows AIKI’s intraday price has changed -1.37% today and -30.17% over the past year. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.11% and 0.39% respectively on the day as seen in early trades.
If we refocus on AIkido Pharma Inc. (NASDAQ:AIKI), historical trading data shows that trading volumes averaged 0.9 million over the past 10 days and 2.39 million over the past 3 months. The company’s latest data on shares outstanding shows there are 89.53 million shares.
The 0.10% of AIkido Pharma Inc.’s shares are in the hands of company insiders while institutional holders own 16.00% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.26 million on May 27, 2021, giving us a short ratio of 0.11. The data shows that as of May 27, 2021 short interest in AIkido Pharma Inc. (AIKI) stood at 0.29% of shares outstanding, with shares short falling to 0.68 million registered in Apr 29, 2021. Current price change has pushed the stock -6.47% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AIKI stock continues to rise going into the next quarter.