The trading price of Klotho Neurosciences Inc (NASDAQ:KLTO) closed higher on Tuesday, May 27, and closing at $0.21, 7.12% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $8.11 and a 52-week low of $0.11. Over the past month, the stock has gained 19.70% in value.
Klotho Neurosciences Inc, whose market valuation is $6.70 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest KLTO has a 50% 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 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that KLTO’s price is currently 9.44% off the SMA20 and 3.43% off the SMA50. The RSI metric on the 14-day chart is currently showing 51.88, and weekly volatility stands at 11.90%. When measured over the past 30 days, the indicator reaches 22.57%. Klotho Neurosciences Inc (NASDAQ:KLTO)’s beta value is currently sitting at 0.12, while the Average True Range indicator is currently displaying 0.06.
To see how Klotho Neurosciences Inc stock has been performing in comparison to its peers in the industry, here are the numbers: KLTO stock’s performance was 7.12% in the latest trading, and -96.48% in the past year.
An evaluation of the daily trading volume of Klotho Neurosciences Inc (NASDAQ:KLTO) indicates that the 3-month average is 10.80 million.
Currently, records show that 28.51 million of the company’s shares remain outstanding. The insiders hold 17.63% of outstanding shares, whereas institutions hold 2.60%. However, since the stock’s price has seen -57.53% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
