ProMIS Neurosciences Inc [NASDAQ: PMN] price surged by 33.20 percent to reach at $0.13.
A sum of 96810868 shares traded at recent session while its average daily volume was at 55.40K shares. ProMIS Neurosciences Inc shares reached a high of $1.25 and dropped to a low of $0.43 until finishing in the latest session at $0.52.
The one-year PMN stock forecast points to a potential upside of 90.1. The average equity rating for PMN stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on ProMIS Neurosciences Inc [PMN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PMN shares is $5.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PMN 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 Price to Book ratio for the last quarter was 1.79, with the Price to Cash per share for the same quarter was set at 0.26.
PMN Stock Performance Analysis:
ProMIS Neurosciences Inc [PMN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.26. With this latest performance, PMN shares dropped by -2.80% in over the last four-week period, additionally sinking by -49.02% over the last 6 months – not to mention a drop of -45.14% 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 PMN stock in for the last two-week period is set at 58.77, with the RSI for the last a single of trading hit 0.1294, and the three-weeks RSI is set at 0.0855 for ProMIS Neurosciences Inc [PMN]. The present Moving Average for the last 50 days of trading for this stock 0.5004, while it was recorded at 0.4219 for the last single week of trading, and 0.7942 for the last 200 days.
Insight into ProMIS Neurosciences Inc Fundamentals:
Return on Equity for this stock declined to -10.86%, with Return on Assets sitting at -10.86%.
ProMIS Neurosciences Inc [PMN] Institutonal Ownership Details
There are presently around $28.56%, or 39.45% of PMN stock, in the hands of institutional investors.
