Tiziana Life Sciences Ltd (NASDAQ:TLSA) price on Friday, May 23, rose 15.33% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.58.
A look at the stock’s price movement, the close in the last trading session was $1.37. Turning to its 52-week performance, $1.91 and $0.63 were the 52-week high and 52-week low respectively. Overall, TLSA moved 9.72% over the past month.
Tiziana Life Sciences Ltd’s market cap currently stands at around $176.11 million, with investors looking forward to this quarter’s earnings report slated for in June.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TLSA is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend TLSA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TLSA’s current price about 10.80% and 27.40% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.24, while 7-day volatility ratio is 8.90% and 7.92% in the 30-day chart. Further, Tiziana Life Sciences Ltd (TLSA) has a beta value of -0.08, and an average true range (ATR) of 0.19.
If we refocus on Tiziana Life Sciences Ltd (NASDAQ:TLSA), historical trading data shows that trading volumes averaged 723.76K over the past 3 months. The company’s latest data on shares outstanding shows there are 111.46 million shares.
The 35.15% of Tiziana Life Sciences Ltd’s shares are in the hands of company insiders while institutional holders own 2.74% of the company’s shares. Current price change has pushed the stock 126.95% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TLSA stock continues to rise going into the next quarter.
