Mira Pharmaceuticals Inc [NASDAQ: MIRA] stock went on an upward path that rose over 7.76% on Thursday, amounting to a one-week price increase of more than 9.65%.
Over the last 12 months, MIRA stock rose by 66.67%. The one-year Mira Pharmaceuticals Inc stock forecast points to a potential upside of 92.96. The average equity rating for MIRA stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $21.01 million, with 16.56 million shares outstanding and 12.48 million shares in the current float. Compared to the average trading volume of 1.17M shares, MIRA stock reached a trading volume of 7803868 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Mira Pharmaceuticals Inc [MIRA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MIRA shares is $17.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MIRA stock is a recommendation set at 3.00. 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 Mira Pharmaceuticals Inc is set at 0.12 The Price to Book ratio for the last quarter was 9.41, with the Price to Cash per share for the same quarter was set at 0.17.
MIRA Stock Performance Analysis:
Mira Pharmaceuticals Inc [MIRA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.65. With this latest performance, MIRA shares gained by 50.60% in over the last four-week period, additionally sinking by -32.43% over the last 6 months – not to mention a rise of 66.67% 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 MIRA stock in for the last two-week period is set at 65.50, with the RSI for the last a single of trading hit 71.38, and the three-weeks RSI is set at 60.87 for Mira Pharmaceuticals Inc [MIRA]. The present Moving Average for the last 50 days of trading for this stock 1.0328, while it was recorded at 1.1880 for the last single week of trading, and 1.3327 for the last 200 days.
Insight into Mira Pharmaceuticals Inc Fundamentals:
Mira Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.99 and a Current Ratio set at 3.99.
