Ensysce Biosciences Inc [NASDAQ: ENSC] traded at a high on Monday, posting a 15.86 gain after which it closed the day’ session at $0.21.
The results of the trading session contributed to over 11897733 shares changing hands. Over the past one week, the price volatility of Ensysce Biosciences Inc stands at 17.37% while the volatility over the past one month is 11.60%.
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The market cap for ENSC stock reached $2.86 million, with 13.87 million shares outstanding and 13.50 million shares in the current float. Compared to the average trading volume of 1.89M shares, ENSC reached a trading volume of 11897733 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Ensysce Biosciences Inc [ENSC]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ENSC shares is $8.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ENSC 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.
The Average True Range (ATR) for Ensysce Biosciences Inc is set at 0.03, with the Price to Sales ratio for ENSC stock in the period of the last 12 months amounting to 1.98. The Price to Book ratio for the last quarter was 0.93, with the Price to Cash per share for the same quarter was set at 0.07.
How has ENSC stock performed recently?
Ensysce Biosciences Inc [ENSC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.18. With this latest performance, ENSC shares dropped by -36.06% in over the last four-week period, additionally sinking by -61.92% over the last 6 months – not to mention a drop of -86.71% 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 ENSC stock in for the last two-week period is set at 39.68, with the RSI for the last a single of trading hit 47.12, and the three-weeks RSI is set at 38.10 for Ensysce Biosciences Inc [ENSC]. The present Moving Average for the last 50 days of trading for this stock 0.3208, while it was recorded at 0.1809 for the last single week of trading, and 0.6413 for the last 200 days.
Ensysce Biosciences Inc [ENSC]: Deeper insight into the fundamentals
Ensysce Biosciences Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.88 and a Current Ratio set at 1.88.
Earnings analysis for Ensysce Biosciences Inc [ENSC]
With the latest financial reports released by the company, Ensysce Biosciences Inc posted -0.87/share EPS, while the average EPS was predicted by analysts to be reported at -1.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.19. 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 ENSC.
Insider trade positions for Ensysce Biosciences Inc [ENSC]
There are presently around $4.42%, or 4.48%% of ENSC stock, in the hands of institutional investors.
