Elevai Labs Inc. (NASDAQ:ELAB) traded at $0.28 at last check on current trade day and made an upward move of 5.22% on its previous day’s price.
Looking at the stock we see that its previous close was $0.27 with the day’s price range being $0.2771 – $0.3128. In terms of its 52-week price range, ELAB has a high of $4.24 and a low of $0.22. The company’s stock has lost about -28.51% over that past 30 days.
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Elevai Labs Inc. has a market cap of $5.66 million and is expected to release its quarterly earnings report in October.
Looking further, we note the current price level is -7.59% off its SMA20 and -34.96% from its 50-day simple moving average. The RSI (14) is pointing at 38.29 while the volatility over the past week is 21.43% and jumps to 15.20% over the past one month.
Coming back to Elevai Labs Inc. (NASDAQ:ELAB), we note that the average 3-month trading volume was 1.31 million, while that of the preceding 10-day period stands at 8.04 million. Current shares outstanding are 17.33 million.
The insiders hold 58.13% of the company’s shares while institutions hold 0.75%. The data shows that short shares as of 2024-08-15, stood at 90526.0 at a short ratio of 1.33. This represents a 88.00 short interest in shares outstanding on 2024-08-15. Shares short rose in August from the previous month at 79357.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -84.67% down in year-to-date price movement.
