NLS Pharmaceutics Ltd (NLSP): A Technical Analysis

NLSP has 36-month beta value of -0.49. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for NLSP is 29.84M, and currently, short sellers hold a 12.85% ratio of that float. The average trading volume of NLSP on August 16, 2024 was 12.14M shares.

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NLSP) stock’s latest price update

The stock of NLS Pharmaceutics Ltd (NASDAQ: NLSP) has decreased by -1.61 when compared to last closing price of 0.17.Despite this, the company has seen a loss of -11.39% in its stock price over the last five trading days. benzinga.com reported 2024-07-29 that U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining around 0.4% on Monday.

NLSP’s Market Performance

NLS Pharmaceutics Ltd (NLSP) has seen a -11.39% fall in stock performance for the week, with a -18.48% decline in the past month and a 17.26% surge in the past quarter. The volatility ratio for the week is 7.98%, and the volatility levels for the past 30 days are at 16.33% for NLSP. The simple moving average for the past 20 days is -14.90% for NLSP’s stock, with a -45.91% simple moving average for the past 200 days.

NLSP Trading at -8.05% from the 50-Day Moving Average

After a stumble in the market that brought NLSP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.79% of loss for the given period.

Volatility was left at 16.33%, however, over the last 30 days, the volatility rate increased by 7.98%, as shares sank -22.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.16% upper at present.

During the last 5 trading sessions, NLSP fell by -11.39%, which changed the moving average for the period of 200-days by -75.19% in comparison to the 20-day moving average, which settled at $0.1987. In addition, NLS Pharmaceutics Ltd saw -70.98% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for NLSP

The total capital return value is set at 1.94.

Based on NLS Pharmaceutics Ltd (NLSP), the company’s capital structure generated -0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -5.93. The debt to equity ratio resting at -0.18. The interest coverage ratio of the stock is -81.34.

Currently, EBITDA for the company is -11.8 million with net debt to EBITDA at -0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.23.

Conclusion

To put it simply, NLS Pharmaceutics Ltd (NLSP) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.

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