AEON Biopharma Inc [AMEX: AEON] gained 13.67% or 0.08 points to close at $0.61 with a heavy trading volume of 29716671 shares.
The daily chart for AEON points out that the company has recorded -98.55% loss over the past six months.
If we look at the average trading volume of 3.16M shares, AEON reached to a volume of 29716671 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 AEON Biopharma Inc [AEON]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AEON shares is $360.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AEON 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.
H.C. Wainwright have made an estimate for AEON Biopharma Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 18, 2023.
Trading performance analysis for AEON stock
AEON Biopharma Inc [AEON] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.16. With this latest performance, AEON shares gained by 41.03% in over the last four-week period, additionally sinking by -98.55% over the last 6 months – not to mention a drop of -99.49% 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 AEON stock in for the last two-week period is set at 49.49, with the RSI for the last a single of trading hit 71.58, and the three-weeks RSI is set at 34.94 for AEON Biopharma Inc [AEON]. The present Moving Average for the last 50 days of trading for this stock 0.5164, while it was recorded at 0.5369 for the last single week of trading, and 32.7478 for the last 200 days.
AEON Biopharma Inc [AEON]: A deeper dive into fundamental analysis
AEON Biopharma Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.43.
