FibroBiologics Inc [NASDAQ: FBLG] stock went on an upward path that rose over 49.62% on Tuesday, amounting to a one-week price increase of more than 138.65%.
The one-year FibroBiologics Inc stock forecast points to a potential upside of 71.19. The average equity rating for FBLG stock is currently 1.00, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $136.77 million, with 28.23 million shares outstanding and 26.97 million shares in the current float. Compared to the average trading volume of 288.88K shares, FBLG stock reached a trading volume of 7135162 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on FibroBiologics Inc [FBLG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FBLG shares is $13.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FBLG stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
FBLG Stock Performance Analysis:
FibroBiologics Inc [FBLG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 138.65. With this latest performance, FBLG shares gained by 97.46% in over the last four-week period, additionally sinking by -62.01% over the last 6 months.
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 FBLG stock in for the last two-week period is set at 68.25, with the RSI for the last a single of trading hit 82.37, and the three-weeks RSI is set at 57.50 for FibroBiologics Inc [FBLG]. The present Moving Average for the last 50 days of trading for this stock 3.38, while it was recorded at 2.39 for the last single week of trading.
Insight into FibroBiologics Inc Fundamentals:
FibroBiologics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.64 and a Current Ratio set at 0.64.
FBLG Stock EPS
With the latest financial reports released by the company, FibroBiologics Inc posted 0.03/share EPS, while the average EPS was predicted by analysts to be reported at -0.09/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.12. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FBLG.
