Klotho Neurosciences Inc (NASDAQ:KLTO) price on Thursday, June 12, rose 37.93% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.00.
A look at the stock’s price movement, the close in the last trading session was $1.45. Turning to its 52-week performance, $6.83 and $0.11 were the 52-week high and 52-week low respectively. Overall, KLTO moved 1438.46% over the past month.
Klotho Neurosciences Inc’s market cap currently stands at around $64.99 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 KLTO is a 100% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
KLTO’s current price about 283.46% and 541.17% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 77.75, while 7-day volatility ratio is 110.92% and 51.48% in the 30-day chart. Further, Klotho Neurosciences Inc (KLTO) has a beta value of 0.81, and an average true range (ATR) of 0.38.
If we refocus on Klotho Neurosciences Inc (NASDAQ:KLTO), historical trading data shows that trading volumes averaged 34.64 million over the past 3 months. The company’s latest data on shares outstanding shows there are 28.51 million shares.
The 17.63% of Klotho Neurosciences Inc’s shares are in the hands of company insiders while institutional holders own 2.60% of the company’s shares. Current price change has pushed the stock 312.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KLTO stock continues to rise going into the next quarter.
