Psyence Biomedical Ltd. [NASDAQ: PBM] traded at a high on Monday, posting a 1.35 gain after which it closed the day’ session at $0.10.
The results of the trading session contributed to over 5220569 shares changing hands. Over the past one week, the price volatility of Psyence Biomedical Ltd. stands at 14.30% while the volatility over the past one month is 14.56%.
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The market cap for PBM stock reached $1.63 million, with 13.39 million shares outstanding and 9.32 million shares in the current float. Compared to the average trading volume of 5.24M shares, PBM reached a trading volume of 5220569 in the most recent trading day, which is why market watchdogs consider the stock to be active.
How has PBM stock performed recently?
Psyence Biomedical Ltd. [PBM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.74. With this latest performance, PBM shares dropped by -37.31% in over the last four-week period, additionally sinking by -87.69% over the last 6 months – not to mention a drop of -99.07% 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 PBM stock in for the last two-week period is set at 28.42, with the RSI for the last a single of trading hit 33.29, and the three-weeks RSI is set at 28.97 for Psyence Biomedical Ltd. [PBM]. The present Moving Average for the last 50 days of trading for this stock 0.2815, while it was recorded at 0.0975 for the last single week of trading.
Psyence Biomedical Ltd. [PBM]: Deeper insight into the fundamentals
Psyence Biomedical Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.01 and a Current Ratio set at 0.01.