TC BioPharm (Holdings) plc ADR (NASDAQ: TCBP)’s Stock Reduces -7.10%, But It May Be Worthwhile To Invest In

The trading price of TC BioPharm (Holdings) plc ADR (NASDAQ:TCBP) floating lower at last check on current market day and closing at $1.50, -7.10% lower than its previous close.

Traders who pay close attention to intraday price movement should know that it has been fluctuating between $1.46 and $1.63. In examining the 52-week price action we see that the stock hit a 52-week high of $138.00 and a 52-week low of $1.50. Over the past month, the stock has lost -70.49% in value.

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TC BioPharm (Holdings) plc ADR, whose market valuation is $0.48 million at the time of this writing, is expected to release its quarterly earnings report on 2022-Dec-12. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.

From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 1.98M.

On the technical side, indicators suggest TCBP has a 100% Sell 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% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that TCBP’s price is currently -62.94% off the SMA20 and -70.54% off the SMA50. The RSI metric on the 14-day chart is currently showing 26.35, and weekly volatility stands at 21.77%. When measured over the past 30 days, the indicator reaches 25.25%. TC BioPharm (Holdings) plc ADR (NASDAQ:TCBP)’s beta value is currently sitting at 0.09, while the Average True Range indicator is currently displaying 0.73.

To see how TC BioPharm (Holdings) plc ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: TCBP stock’s performance was -7.10% at last check in today’s session, and -98.25% in the past year.

An evaluation of the daily trading volume of TC BioPharm (Holdings) plc ADR (NASDAQ:TCBP) indicates that the 3-month average is 628.22K. However, this figure has increased over the past 10 days to an average of 2.54.

Currently, records show that 0.10 million of the company’s shares remain outstanding. The institutions hold 5.46%. The stats also highlight that short interest as of 2024-10-15, stood at 16525.0 shares, resulting in a short ratio of 0.08 at that time. From this, we can conclude that short interest is 301.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 66335.0. However, since the stock’s price has seen -95.25% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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