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Cns Pharmaceuticals Inc (NASDAQ: CNSP) closed the day trading at $0.12 down -7.56% from the previous closing price of $0.12. In other words, the price has decreased by -$7.56 from its previous closing price. On the day, 6.57 million shares were traded. CNSP stock price reached its highest trading level at $0.124 during the session, while it also had its lowest trading level at $0.1114.
Ratios:
For a better understanding of CNSP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.01 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 01 ’24 when Gumulka Jerzy bought 33,333 shares for $0.30 per share. The transaction valued at 10,000 led to the insider holds 43,006 shares of the business.
Evans Carl Anthony bought 33,333 shares of CNSP for $10,000 on Feb 01 ’24. The Director now owns 33,458 shares after completing the transaction at $0.30 per share. On Feb 01 ’24, another insider, Downs Christopher, who serves as the Chief Financial Officer of the company, bought 66,666 shares for $0.30 each. As a result, the insider paid 20,000 and bolstered with 103,438 shares of the company.
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 7151344 and an Enterprise Value of 2010276.
Stock Price History:
Over the past 52 weeks, CNSP has reached a high of $121.00, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -10.16%, while the 200-Day Moving Average is calculated to be -98.01%.
Shares Statistics:
Over the past 3-months, CNSP traded about 14.85M shares per day on average, while over the past 10 days, CNSP traded about 13251030 shares per day. A total of 57.49M shares are outstanding, with a floating share count of 56.56M. Insiders hold about 1.61% of the company’s shares, while institutions hold 2.85% stake in the company. Shares short for CNSP as of 1730332800 were 1137632 with a Short Ratio of 0.08, compared to 1727654400 on 678968. Therefore, it implies a Short% of Shares Outstanding of 1137632 and a Short% of Float of 2.79.
