Know Labs Inc (AMEX: KNW)’s stock price has plunge by -17.19relation to previous closing price of 0.50. Nevertheless, the company has seen a -21.02% plunge in its stock price over the last five trading sessions. businesswire.com reported 2024-06-21 that SEATTLE–(BUSINESS WIRE)–Know Labs, Inc. (NYSE American: KNW), a leading developer of non-invasive medical diagnostic technology, today announced further interim results from a clinical research study that assessed the accuracy of Know Labs’ proprietary non-invasive radiofrequency (RF) dielectric sensor in measuring blood glucose. Participants with prediabetes and Type 2 diabetes were studied and venous blood was used as a comparative reference. The study found that the accuracy of Know Labs’.
Is It Worth Investing in Know Labs Inc (AMEX: KNW) Right Now?
The 36-month beta value for KNW is at 1.53. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for KNW is 60.72M, and currently, shorts hold a 0.56% of that float. The average trading volume for KNW on July 01, 2024 was 146.66K shares.
KNW’s Market Performance
The stock of Know Labs Inc (KNW) has seen a -21.02% decrease in the past week, with a -28.94% drop in the past month, and a -34.94% fall in the past quarter. The volatility ratio for the week is 22.55%, and the volatility levels for the past 30 days are at 15.00% for KNW. The simple moving average for the last 20 days is -36.05% for KNW stock, with a simple moving average of -22.17% for the last 200 days.
KNW Trading at -35.71% from the 50-Day Moving Average
After a stumble in the market that brought KNW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.26% of loss for the given period.
Volatility was left at 15.00%, however, over the last 30 days, the volatility rate increased by 22.55%, as shares sank -28.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.53% lower at present.
During the last 5 trading sessions, KNW fell by -21.02%, which changed the moving average for the period of 200-days by -23.63% in comparison to the 20-day moving average, which settled at $0.6326. In addition, Know Labs Inc saw -19.47% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for KNW
The total capital return value is set at 116.29. Equity return is now at value -1867.31, with -254.68 for asset returns.
Based on Know Labs Inc (KNW), the company’s capital structure generated 1.47 points at debt to capital in total, while cash flow to debt ratio is standing at -2.02. The debt to equity ratio resting at -3.12. The interest coverage ratio of the stock is 0.04.
Currently, EBITDA for the company is -15.29 million with net debt to EBITDA at -0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
In conclusion, Know Labs Inc (KNW) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
