Shuttle Pharmaceuticals Holdings Inc [NASDAQ: SHPH] gained 10.00% or 0.01 points to close at $0.18 with a heavy trading volume of 3455126 shares.
The daily chart for SHPH points out that the company has recorded -78.21% loss over the past six months.
If we look at the average trading volume of 4.55M shares, SHPH reached to a volume of 3455126 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 Shuttle Pharmaceuticals Holdings Inc [SHPH]:
The Average True Range (ATR) for Shuttle Pharmaceuticals Holdings Inc is set at 0.03 The Price to Book ratio for the last quarter was 0.36, with the Price to Cash per share for the same quarter was set at 0.41.
Trading performance analysis for SHPH stock
Shuttle Pharmaceuticals Holdings Inc [SHPH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.71. With this latest performance, SHPH shares dropped by -34.98% in over the last four-week period, additionally sinking by -78.21% over the last 6 months – not to mention a drop of -95.65% 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 36.73, with the RSI for the last a single of trading hit 41.21, and the three-weeks RSI is set at 35.30 for Shuttle Pharmaceuticals Holdings Inc [SHPH]. The present Moving Average for the last 50 days of trading for this stock 0.2822, while it was recorded at 0.1762 for the last single week of trading, and 0.8637 for the last 200 days.
Shuttle Pharmaceuticals Holdings Inc [SHPH]: A deeper dive into fundamental analysis
Shuttle Pharmaceuticals Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.78 and a Current Ratio set at 2.78.
An analysis of Institutional ownership at Shuttle Pharmaceuticals Holdings Inc [SHPH]
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%.
