The trading price of Klotho Neurosciences Inc (NASDAQ:KLTO) closed lower on Tuesday, June 17, and closing at $1.55, -6.63% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $6.29 and a 52-week low of $0.11. Over the past month, the stock has gained 590.12% in value.
Klotho Neurosciences Inc, whose market valuation is $50.37 million at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest KLTO has a 100% 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 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that KLTO’s price is currently 112.49% off the SMA20 and 290.00% off the SMA50. The RSI metric on the 14-day chart is currently showing 64.97, and weekly volatility stands at 22.96%. When measured over the past 30 days, the indicator reaches 50.95%. Klotho Neurosciences Inc (NASDAQ:KLTO)’s beta value is currently sitting at 1.10, while the Average True Range indicator is currently displaying 0.37.
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 -6.63% in the latest trading, and -76.19% in the past year.
An evaluation of the daily trading volume of Klotho Neurosciences Inc (NASDAQ:KLTO) indicates that the 3-month average is 37.16 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 219.59% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
