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The closing price of Cns Pharmaceuticals Inc (NASDAQ: CNSP) was $0.11 for the day, down -11.61% from the previous closing price of $0.12. In other words, the price has decreased by -$11.61 from its previous closing price. On the day, 6.13 million shares were traded. CNSP stock price reached its highest trading level at $0.1186 during the session, while it also had its lowest trading level at $0.1025.
Ratios:
Our analysis of CNSP’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 4282446 and an Enterprise Value of 2010276.
Stock Price History:
Over the past 52 weeks, CNSP has reached a high of $137.50, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -19.84%, while the 200-Day Moving Average is calculated to be -98.30%.
Shares Statistics:
CNSP traded an average of 14.09M shares per day over the past three months and 8787780 shares per day over the past ten days. A total of 37.15M shares are outstanding, with a floating share count of 36.55M. Insiders hold about 1.86% of the company’s shares, while institutions hold 1.22% 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.
