Cns Pharmaceuticals Inc (CNSP): A Technical Analysis

CNSP has 36-month beta value of 1.05. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for CNSP is 31.56M, and currently, short sellers hold a 2.15% ratio of that float. The average trading volume of CNSP on October 17, 2024 was 4.49M shares.

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CNSP) stock’s latest price update

Cns Pharmaceuticals Inc (NASDAQ: CNSP) has experienced a decline in its stock price by -3.41 compared to its previous closing price of 0.12. However, the company has seen a gain of 1.36% in its stock price over the last five trading days. accesswire.com reported 2024-10-10 that Segment featuring members of the CNS management team and leading Neuro-Oncologist and Key Opinion Leader, Dr. Samuel Goldlust Access the segment here HOUSTON, TX / ACCESSWIRE / October 10, 2024 / CNS Pharmaceuticals, Inc. (NASDAQ:CNSP) (“CNS” or the “Company”), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, today announced that it participated in a Virtual Investor KOL Connect segment. The segment can be accessed here.

CNSP’s Market Performance

CNSP’s stock has risen by 1.36% in the past week, with a monthly drop of -25.62% and a quarterly drop of -88.67%. The volatility ratio for the week is 5.81% while the volatility levels for the last 30 days are 7.79% for Cns Pharmaceuticals Inc The simple moving average for the past 20 days is -7.11% for CNSP’s stock, with a -98.81% simple moving average for the past 200 days.

Analysts’ Opinion of CNSP

Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see CNSP reach a price target of $11. The rating they have provided for CNSP stocks is “Buy” according to the report published on August 24th, 2020.

CNSP Trading at -17.83% from the 50-Day Moving Average

After a stumble in the market that brought CNSP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.91% of loss for the given period.

Volatility was left at 7.79%, however, over the last 30 days, the volatility rate increased by 5.81%, as shares sank -20.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.88% lower at present.

During the last 5 trading sessions, CNSP rose by +2.13%, which changed the moving average for the period of 200-days by -99.80% in comparison to the 20-day moving average, which settled at $0.1282. In addition, Cns Pharmaceuticals Inc saw -99.81% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CNSP starting from Gumulka Jerzy, who purchase 33,333 shares at the price of $0.30 back on Feb 01 ’24. After this action, Gumulka Jerzy now owns 43,006 shares of Cns Pharmaceuticals Inc, valued at $10,000 using the latest closing price.

Evans Carl Anthony, the Director of Cns Pharmaceuticals Inc, purchase 33,333 shares at $0.30 during a trade that took place back on Feb 01 ’24, which means that Evans Carl Anthony is holding 33,458 shares at $10,000 based on the most recent closing price.

Stock Fundamentals for CNSP

Current profitability levels for the company are sitting at:

  • -2512.76 for the present operating margin
  • 0.46 for the gross margin

The net margin for Cns Pharmaceuticals Inc stands at -2510.77. The total capital return value is set at 3.72. Equity return is now at value -1018.78, with -358.12 for asset returns.

Based on Cns Pharmaceuticals Inc (CNSP), the company’s capital structure generated -0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -87.26. The debt to equity ratio resting at -0.03. The interest coverage ratio of the stock is -1011.34.

Currently, EBITDA for the company is -18.86 million with net debt to EBITDA at 0.09. When we switch over and look at the enterprise to sales, we see a ratio of 406.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.31.

Conclusion

To put it simply, Cns Pharmaceuticals Inc (CNSP) 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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