Channel Therapeutics Corporation [AMEX: CHRO] jumped around 0.94 points on Friday, while shares priced at $1.90 at the close of the session, up 97.92%.
Compared to the average trading volume of 143.88K shares, CHRO reached a trading volume of 14103535 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Channel Therapeutics Corporation [CHRO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CHRO shares is $8.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CHRO 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.
How has CHRO stock performed recently?
Channel Therapeutics Corporation [CHRO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 110.51. With this latest performance, CHRO shares gained by 221.43% in over the last four-week period, additionally plugging by 65.22% 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 CHRO stock in for the last two-week period is set at 86.64, with the RSI for the last a single of trading hit 91.10, and the three-weeks RSI is set at 81.94 for Channel Therapeutics Corporation [CHRO]. The present Moving Average for the last 50 days of trading for this stock 0.7150, while it was recorded at 1.1349 for the last single week of trading, and 1.0799 for the last 200 days.
Channel Therapeutics Corporation [CHRO]: Deeper insight into the fundamentals
Channel Therapeutics Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.39 and a Current Ratio set at 0.39.
