Cns Pharmaceuticals Inc (CNSP) with a beta value of 1.05 appears to be a promising investment opportunity.

A new trading day began on Monday, with Cns Pharmaceuticals Inc (NASDAQ: CNSP) stock price up 19.67% from the previous day of trading, before settling in for the closing price of $0.12. CNSP’s price has ranged from $0.10 to $137.50 over the past 52 weeks.

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With a float of $32.84 million, this company’s outstanding shares have now reached $33.45 million.

Considering the fact that the conglomerate employs 5 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 46.21%, operating margin of -251276.17%, and the pretax margin is -251077.43%.

Cns Pharmaceuticals Inc (CNSP) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Cns Pharmaceuticals Inc is 1.81%, while institutional ownership is 0.43%. The most recent insider transaction that took place on Feb 01 ’24, was worth 10,000. In this transaction Director of this company bought 33,333 shares at a rate of $0.30, taking the stock ownership to the 43,006 shares. Before that another transaction happened on Feb 01 ’24, when Company’s Director bought 33,333 for $0.30, making the entire transaction worth $10,000. This insider now owns 33,458 shares in total.

Cns Pharmaceuticals Inc (CNSP) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2022, the company reported earnings of -2.1 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.

Cns Pharmaceuticals Inc (NASDAQ: CNSP) Trading Performance Indicators

Here are Cns Pharmaceuticals Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -128.91, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.85 in one year’s time.

Technical Analysis of Cns Pharmaceuticals Inc (CNSP)

Compared to the last year’s volume of 1.97 million, its volume of 1.63 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 55.73%. Additionally, its Average True Range was 0.02.

During the past 100 days, Cns Pharmaceuticals Inc’s (CNSP) raw stochastic average was set at 0.41%, which indicates a significant decrease from 90.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.34% in the past 14 days, which was lower than the 226.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.1431, while its 200-day Moving Average is $9.4655. Nevertheless, the first resistance level for the watch stands at $0.1573 in the near term. At $0.1685, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.1871. If the price goes on to break the first support level at $0.1275, it is likely to go to the next support level at $0.1089. Now, if the price goes above the second support level, the third support stands at $0.0977.

Cns Pharmaceuticals Inc (NASDAQ: CNSP) Key Stats

With a market capitalization of 4.88 million, the company has a total of 1,443K Shares Outstanding. Currently, annual sales are 0 K while annual income is -18,850 K. The company’s previous quarter sales were 0 K while its latest quarter income was -2,530 K.