Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Pasithea Therapeutics Corp (NASDAQ: KTTA) closed at $1.18 down -16.90% from its previous closing price of $1.42. In other words, the price has decreased by -$16.90 from its previous closing price. On the day, 0.62 million shares were traded. KTTA stock price reached its highest trading level at $1.48 during the session, while it also had its lowest trading level at $1.17.
Ratios:
For a deeper understanding of Pasithea Therapeutics Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.58 and its Current Ratio is at 6.58. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KTTA now has a Market Capitalization of 3192206 and an Enterprise Value of -3730518.
Stock Price History:
The Beta on a monthly basis for KTTA is 0.50, which has changed by -0.8372414 over the last 52 weeks, in comparison to a change of 0.07019031 over the same period for the S&P500. Over the past 52 weeks, KTTA has reached a high of $7.78, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is -12.27%, while the 200-Day Moving Average is calculated to be -64.85%.
Shares Statistics:
For the past three months, KTTA has traded an average of 2.72M shares per day and 10417300 over the past ten days. A total of 2.71M shares are outstanding, with a floating share count of 2.19M. Insiders hold about 19.08% of the company’s shares, while institutions hold 2.85% stake in the company. Shares short for KTTA as of 1743379200 were 14425 with a Short Ratio of 0.01, compared to 1740700800 on 8707. Therefore, it implies a Short% of Shares Outstanding of 14425 and a Short% of Float of 0.58.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0