Shuttle Pharmaceuticals Holdings Inc [SHPH] Stock trading around $0.25 per share: What’s Next?

Shuttle Pharmaceuticals Holdings Inc [NASDAQ: SHPH] stock went on a downward path that fall over -0.98% on Thursday, amounting to a one-week price decrease of less than -38.92%.

Over the last 12 months, SHPH stock dropped by -92.46%.

The market cap for the stock reached $1.58 million, with 4.08 million shares outstanding and 3.34 million shares in the current float. Compared to the average trading volume of 521.63K shares, SHPH stock reached a trading volume of 398678 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Shuttle Pharmaceuticals Holdings Inc [SHPH]:

The Average True Range (ATR) for Shuttle Pharmaceuticals Holdings Inc is set at 0.07 The Price to Book ratio for the last quarter was 1.46, with the Price to Cash per share for the same quarter was set at 0.31.

SHPH Stock Performance Analysis:

Shuttle Pharmaceuticals Holdings Inc [SHPH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -38.92. With this latest performance, SHPH shares dropped by -38.34% in over the last four-week period, additionally sinking by -77.16% over the last 6 months – not to mention a drop of -92.46% 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 SHPH stock in for the last two-week period is set at 27.15, with the RSI for the last a single of trading hit 22.54, and the three-weeks RSI is set at 29.90 for Shuttle Pharmaceuticals Holdings Inc [SHPH]. The present Moving Average for the last 50 days of trading for this stock 0.4883, while it was recorded at 0.2883 for the last single week of trading, and 1.3208 for the last 200 days.

Insight into Shuttle Pharmaceuticals Holdings Inc Fundamentals:

Shuttle Pharmaceuticals Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.44 and a Current Ratio set at 1.44.

Shuttle Pharmaceuticals Holdings Inc [SHPH] Institutonal Ownership Details

There are presently around $6.14%, or 8.18%% of SHPH stock, in the hands of institutional investors. The top three institutional holders of SHPH stocks are: TWO SIGMA SECURITIES, LLC with ownership of 42288.0 shares, which is approximately 0.2552%. GEODE CAPITAL MANAGEMENT, LLC, holding 30823.0 shares of the stock with an approximate value of $$12297.0 in SHPH stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$5000.0 in SHPH stock with ownership which is approximately 0.0769%.