In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Cns Pharmaceuticals Inc (NASDAQ: CNSP) closed the day trading at $1.10 down -3.93% from the previous closing price of $1.14. In other words, the price has decreased by -$3.93 from its previous closing price. On the day, 0.19 million shares were traded. CNSP stock price reached its highest trading level at $1.1599 during the session, while it also had its lowest trading level at $1.07.
Ratios:
For a better understanding of CNSP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.93 and its Current Ratio is at 4.93. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
On August 24, 2020, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNSP now has a Market Capitalization of 6008145 and an Enterprise Value of -2425386.
Stock Price History:
The Beta on a monthly basis for CNSP is 0.81, which has changed by -0.99785364 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, CNSP has reached a high of $800.00, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is -25.51%, while the 200-Day Moving Average is calculated to be -77.05%.
Shares Statistics:
Over the past 3-months, CNSP traded about 1.76M shares per day on average, while over the past 10 days, CNSP traded about 9595750 shares per day. A total of 5.46M shares are outstanding, with a floating share count of 5.42M. Insiders hold about 0.80% of the company’s shares, while institutions hold 0.74% stake in the company. Shares short for CNSP as of 1745971200 were 629853 with a Short Ratio of 0.36, compared to 1743379200 on 338694. Therefore, it implies a Short% of Shares Outstanding of 629853 and a Short% of Float of 21.39.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
