With a current price of $0.64, AIkido Pharma Inc. [NASDAQ:AIKI] is active in the Biotechnology industry, with a 5-day price swing of 4.88%.
For the year, the stock is trading -51.24%, while, as a point of reference, the S&P 500 is trading 0.79% YTD. Other data to note on this name is a price per sales number of 2563.38.
The Price is right
Holding a Market Cap of $23.07 million, AIkido Pharma Inc. has seen a trading range over the last year of $0.47-$5.46.
For the last five days, AIKI is up from its last closing price. The average shares trading hands each day is 3.46M.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for AIKI. When we apply the Elder Force Index to AIkido Pharma Inc., we are seeing an Elder Force Indicator number of 136310.05.
AIkido Pharma Inc. also saw quarter revenue growth year over year of -67.86%.
Looking at popular technical indicators, the company’s 5-day moving average is 0.6006 compared to the 50-day moving average of 5.03%. So, traders might want to tread carefully if they are going to bid.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. AIKI currently holds a 9-day RSI of 61.99%, while 100-day RSI stands at 46.69%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. AIKI’s 9-day MACD is 0.0073 and the company’s 100-day MACD stands at -0.1880.
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
The major holders for this stock are 5.64% by insiders and 17.45% by institutions. Regarding institutional holdings, Sabby Management, LLC owns 0.98%, while the second top holder, UBS Group AG, currently owns 0.29%.
Currently, the company has 0 analysts watching the stock, and the average quarterly earnings estimate is 0. Quarterly revenue estimates are averaging 6.5M with the high estimate reaching 6.5M and the low at 6.5M.