Cns Pharmaceuticals Inc (CNSP) Shares Plummet Below 1-Year High

Cns Pharmaceuticals Inc (NASDAQ: CNSP)’s stock price has plunge by -0.09relation to previous closing price of 0.11. Nevertheless, the company has seen a -10.05% plunge in its stock price over the last five trading sessions. accesswire.com reported 2024-11-25 that Poster presented at the 29th Annual Meeting of the Society for Neuro-Oncology (SNO 2024) Primary analysis data in potentially pivotal GBM study with lead program, Berubicin, on track for the first half of 2025 HOUSTON, TX / ACCESSWIRE / November 25, 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 the presentation of updated results from the on-going potentially pivotal study evaluating Berubicin, the Company’s novel anthracycline and the first anthracycline to appear to cross the blood-brain barrier, in a randomized, controlled study vs. Lomustine, which has been considered to be a standard of care in this recurrent glioblastoma population.

Is It Worth Investing in Cns Pharmaceuticals Inc (NASDAQ: CNSP) Right Now?

Moreover, the 36-month beta value for CNSP is 1.07. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for CNSP is 56.56M and currently, short sellers hold a 1.21% of that float. On December 03, 2024, CNSP’s average trading volume was 15.06M shares.

CNSP’s Market Performance

The stock of Cns Pharmaceuticals Inc (CNSP) has seen a -10.05% decrease in the past week, with a 0.27% rise in the past month, and a -25.89% fall in the past quarter. The volatility ratio for the week is 7.28%, and the volatility levels for the past 30 days are at 13.18% for CNSP. The simple moving average for the last 20 days is -5.05% for CNSP stock, with a simple moving average of -97.97% for the last 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 -10.47% 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 -99.90% of loss for the given period.

Volatility was left at 13.18%, however, over the last 30 days, the volatility rate increased by 7.28%, as shares sank -0.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.75% lower at present.

During the last 5 trading sessions, CNSP fell by -10.05%, which changed the moving average for the period of 200-days by -99.21% in comparison to the 20-day moving average, which settled at $0.1179. In addition, Cns Pharmaceuticals Inc saw -99.82% 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:

  • -2684.89 for the present operating margin
  • 0.6 for the gross margin

The net margin for Cns Pharmaceuticals Inc stands at -2681.03. The total capital return value is set at -5.1. Equity return is now at value -2116.75, with -350.34 for asset returns.

Based on Cns Pharmaceuticals Inc (CNSP), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -454.64. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -1052.64.

Currently, EBITDA for the company is -18.86 million with net debt to EBITDA at 0.41. When we switch over and look at the enterprise to sales, we see a ratio of -80.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.

Conclusion

To wrap up, the performance of Cns Pharmaceuticals Inc (CNSP) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.

Most Popular

Related Posts