Atossa Therapeutics Inc (NASDAQ: ATOS) Up 61.36% This Year: What To Expect Next

The trading price of Atossa Therapeutics Inc (NASDAQ:ATOS) closed higher on Monday, April 22, closing at $1.42, 3.65% higher than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $2.31 and a 52-week low of $0.59. Over the past month, the stock has lost -15.48% in value.

Atossa Therapeutics Inc, whose market valuation is $177.93 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.06 per share this quarter, however they have predicted annual earnings per share of -$0.27 for 2024 and -$0.3 for 2025. It means analysts are expecting annual earnings per share growth of -12.50% this year and -11.10% next year.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Atossa Therapeutics Inc no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest ATOS 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.

A quick review shows that ATOS’s price is currently -18.82% off the SMA20 and 3.38% off the SMA50. The RSI metric on the 14-day chart is currently showing 44.12, and weekly volatility stands at 13.72%. When measured over the past 30 days, the indicator reaches 13.95%. Atossa Therapeutics Inc (NASDAQ:ATOS)’s beta value is currently sitting at 1.31, while the Average True Range indicator is currently displaying 0.19.

To see how Atossa Therapeutics Inc stock has been performing in comparison to its peers in the industry, here are the numbers: ATOS stock’s performance was 3.65% in the latest trading, and 98.32% in the past year.

An evaluation of the daily trading volume of Atossa Therapeutics Inc (NASDAQ:ATOS) indicates that the 3-month average is 1.61 million.

Currently, records show that 125.30 million of the company’s shares remain outstanding. The insiders hold 0.04% of outstanding shares, whereas institutions hold 12.94%. However, since the stock’s price has seen 61.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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