Ensysce Biosciences Inc [NASDAQ: ENSC] gained 96.26% on the last trading session, reaching $3.67 price per share at the time.
If compared to the average trading volume of 75.73K shares, ENSC reached a trading volume of 91582681 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $18.45 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 0.53, with the Price to Sales ratio for ENSC stock in the period of the last 12 months amounting to 1.16. The Price to Book ratio for the last quarter was 1.34, with the Price to Cash per share for the same quarter was set at 2.13.
Trading performance analysis for ENSC stock
Ensysce Biosciences Inc [ENSC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 63.84. With this latest performance, ENSC shares gained by 1.94% in over the last four-week period, additionally plugging by 37.61% over the last 6 months – not to mention a drop of -57.15% 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 61.53, with the RSI for the last a single of trading hit 72.20, and the three-weeks RSI is set at 53.81 for Ensysce Biosciences Inc [ENSC]. The present Moving Average for the last 50 days of trading for this stock 3.8400, while it was recorded at 2.1700 for the last single week of trading, and 5.9100 for the last 200 days.
Ensysce Biosciences Inc [ENSC]: A deeper dive into fundamental analysis
Ensysce Biosciences Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.42 and a Current Ratio set at 2.42.
An analysis of Institutional ownership at Ensysce Biosciences Inc [ENSC]
There are presently around $8.56%, or 8.62%% of ENSC stock, in the hands of institutional investors.
