For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Cns Pharmaceuticals Inc’s stock clocked out at $0.11, down -8.29% from its previous closing price of $0.12. In other words, the price has decreased by -$8.29 from its previous closing price. On the day, 20.04 million shares were traded. CNSP stock price reached its highest trading level at $0.112 during the session, while it also had its lowest trading level at $0.103.
Ratios:
To gain a deeper understanding of CNSP’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 8043475 and an Enterprise Value of 2010276.
Stock Price History:
Over the past 52 weeks, CNSP has reached a high of $46.75, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -5.60%, while the 200-Day Moving Average is calculated to be -96.52%.
Shares Statistics:
It appears that CNSP traded 24.31M shares on average per day over the past three months and 50939060 shares per day over the past ten days. A total of 57.49M shares are outstanding, with a floating share count of 56.89M. Insiders hold about 1.04% 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 0.02, compared to 1727654400 on 678968. Therefore, it implies a Short% of Shares Outstanding of 1137632 and a Short% of Float of 2.79.
