CohBar Inc. [NASDAQ: CWBR] price surged by 10.42 percent to reach at $0.1.
A sum of 1097615 shares traded at recent session while its average daily volume was at 673.49K shares. CohBar Inc. shares reached a high of $1.05 and dropped to a low of $0.97 until finishing in the latest session at $1.01.
The average equity rating for CWBR stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on CohBar Inc. [CWBR]:
The Average True Range (ATR) for CohBar Inc. is set at 0.09 The Price to Book ratio for the last quarter was 5.61, with the Price to Cash per share for the same quarter was set at 0.23.
CWBR Stock Performance Analysis:
CohBar Inc. [CWBR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.72. With this latest performance, CWBR shares gained by 4.12% in over the last four-week period, additionally sinking by -31.29% over the last 6 months – not to mention a drop of -27.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CWBR stock in for the last two-week period is set at 43.95, with the RSI for the last a single of trading hit 44.87, and the three-weeks RSI is set at 41.22 for CohBar Inc. [CWBR]. The present Moving Average for the last 50 days of trading for this stock 1.3151, while it was recorded at 0.9930 for the last single week of trading, and 1.8160 for the last 200 days.
Insight into CohBar Inc. Fundamentals:
Return on Total Capital for CWBR is now -77.74, given the latest momentum, and Return on Invested Capital for the company is -80.59. Return on Equity for this stock declined to -99.96, with Return on Assets sitting at -71.33. When it comes to the capital structure of this company, CohBar Inc. [CWBR] has a Total Debt to Total Equity ratio set at 41.25. Additionally, CWBR Total Debt to Total Capital is recorded at 29.20, with Total Debt to Total Assets ending up at 24.80. Long-Term Debt to Equity for the company is recorded at 41.25, with the Long-Term Debt to Total Capital now at 29.20.
Reflecting on the efficiency of the workforce at the company, CohBar Inc. [CWBR] managed to generate an average of -$1,003,444 per employee.CohBar Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 and a Current Ratio set at 2.20.
CohBar Inc. [CWBR] Insider Position Details
There are presently around $5 million, or 7.80% of CWBR stock, in the hands of institutional investors. The top three institutional holders of CWBR stocks are: BLACKROCK INC. with ownership of 1,179,131, which is approximately 355.326% of the company’s market cap and around 2.70% of the total institutional ownership; VANGUARD GROUP INC, holding 971,649 shares of the stock with an approximate value of $0.98 million in CWBR stocks shares; and MILLENNIUM MANAGEMENT LLC, currently with $0.37 million in CWBR stock with ownership of nearly 87.875% of the company’s market capitalization.
Positions in CohBar Inc. stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 38 institutional holders increased their position in CohBar Inc. [NASDAQ:CWBR] by around 2,480,221 shares. Additionally, 3 investors decreased positions by around 27,613 shares, while 6 investors held positions by with 1,958,259 shares. The mentioned changes placed institutional holdings at 4,466,093 shares, according to the latest SEC report filing. CWBR stock had 23 new institutional investments in for a total of 734,267 shares, while 2 institutional investors sold positions of 24,113 shares during the same period.