Quoin Pharmaceuticals Ltd ADR [NASDAQ: QNRX] stock went on an upward path that rose over 6.23% on Monday, amounting to a one-week price increase of more than 8.96%.
Over the last 12 months, QNRX stock dropped by -87.18%. The one-year Quoin Pharmaceuticals Ltd ADR stock forecast points to a potential upside of 85.78. The average equity rating for QNRX 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 $3.22 million, with 5.05 million shares outstanding and 1.12 million shares in the current float. Compared to the average trading volume of 2.63M shares, QNRX stock reached a trading volume of 34392693 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Quoin Pharmaceuticals Ltd ADR [QNRX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QNRX shares is $4.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QNRX 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 Quoin Pharmaceuticals Ltd ADR is set at 0.12 The Price to Book ratio for the last quarter was 0.59, with the Price to Cash per share for the same quarter was set at 2.04.
QNRX Stock Performance Analysis:
Quoin Pharmaceuticals Ltd ADR [QNRX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.96. With this latest performance, QNRX shares dropped by -14.68% in over the last four-week period, additionally sinking by -15.01% over the last 6 months – not to mention a drop of -87.18% 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 QNRX stock in for the last two-week period is set at 49.27, with the RSI for the last a single of trading hit 52.10, and the three-weeks RSI is set at 49.28 for Quoin Pharmaceuticals Ltd ADR [QNRX]. The present Moving Average for the last 50 days of trading for this stock 0.6349, while it was recorded at 0.6063 for the last single week of trading, and 0.8071 for the last 200 days.
Insight into Quoin Pharmaceuticals Ltd ADR Fundamentals:
Quoin Pharmaceuticals Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.02 and a Current Ratio set at 3.02.
Quoin Pharmaceuticals Ltd ADR [QNRX] Institutonal Ownership Details
There are presently around $5.89%, or 6.03%% of QNRX stock, in the hands of institutional investors.
