Intensity Therapeutics Inc (NASDAQ:INTS) price on Wednesday, June 11, rose 15.11% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.58.
A look at the stock’s price movement, the close in the last trading session was $0.50. Turning to its 52-week performance, $5.10 and $0.29 were the 52-week high and 52-week low respectively. Overall, INTS moved 7.62% over the past month.
Intensity Therapeutics Inc’s market cap currently stands at around $10.65 million, with investors looking forward to this quarter’s earnings report slated for in July.
Turning to the stock’s technical picture we see that short term indicators suggest on average that INTS is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
INTS’s current price about 31.25% and -38.81% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.77, while 7-day volatility ratio is 5.15% and 11.63% in the 30-day chart. Further, Intensity Therapeutics Inc (INTS) has a beta value of 4.33, and an average true range (ATR) of 0.11. Analysts have given the company’s stock an average 52-week price target of $5, forecast between a low of $5 and high of $5. Looking at the price targets, the low is -762.07% off current price level while to achieve the yearly target high, price needs to move -762.07%. Nonetheless, investors will most likely welcome a -762.07% jump to $5 which is the analysts’ median price.
If we refocus on Intensity Therapeutics Inc (NASDAQ:INTS), historical trading data shows that trading volumes averaged 528.82K over the past 3 months. The company’s latest data on shares outstanding shows there are 15.26 million shares.
The 45.56% of Intensity Therapeutics Inc’s shares are in the hands of company insiders while institutional holders own 14.16% of the company’s shares. Current price change has pushed the stock -67.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the INTS stock continues to rise going into the next quarter.
