Tharimmune Inc (THAR) with a beta value of 3.28 appears to be a promising investment opportunity.

Tharimmune Inc (NASDAQ: THAR) on November 20, 2023, started off the session at the price of $5.0925, plunging -17.76% from the previous trading day. During the day, the shares moved up to $5.0925 and dropped to $4.25 before settling in for the closing price of $0.21. Within the past 52 weeks, THAR’s price has moved between $0.14 and $2.65.

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The company achieved an average annual earnings per share of 54.67%. With a float of $13.19 million, this company’s outstanding shares have now reached $17.51 million.

The firm has a total of 2 workers. Let’s measure their productivity.

Tharimmune Inc (THAR) Breakdown of a Key Holders of the stock

Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Tharimmune Inc is 24.69%, while institutional ownership is 1.51%.

Tharimmune Inc (THAR) Recent Fiscal highlights

This company achieved a return on equity of -1,973.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 26.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 54.67% per share during the next fiscal year.

Tharimmune Inc (NASDAQ: THAR) Trading Performance Indicators

Tharimmune Inc (THAR) is currently performing well based on its current performance indicators. A quick ratio of 2.20 was reported for the most recent quarter.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.10 in one year’s time.

Technical Analysis of Tharimmune Inc (THAR)

Analysing the last 5-days average volume posted by the [Tharimmune Inc, THAR], we can find that recorded value of 0.57 million was lower than the volume posted last year of 1.66 million. As of the previous 9 days, the stock’s Stochastic %D was 25.75%. Additionally, its Average True Range was 0.03.

During the past 100 days, Tharimmune Inc’s (THAR) raw stochastic average was set at 10.05%, which indicates a significant decrease from 16.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 267.21% in the past 14 days, which was higher than the 155.72% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.1971, while its 200-day Moving Average is $0.5217. Now, the first resistance to watch is $0.1943. This is followed by the second major resistance level at $0.2158. The third major resistance level sits at $0.2280. If the price goes on to break the first support level at $0.1606, it is likely to go to the next support level at $0.1484. Now, if the price goes above the second support level, the third support stands at $0.1269.

Tharimmune Inc (NASDAQ: THAR) Key Stats

Market capitalization of the company is 3.02 million based on 17,512K outstanding shares. Right now, sales total 0 K and income totals -8,470 K. The company made 0 K in profit during its latest quarter, and -1,820 K in sales during its previous quarter.

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