Trading Update: NeuroSense Therapeutics Ltd (NRSN) Stock Endures 10.13% Monthly Volatility

The stock of NeuroSense Therapeutics Ltd (NRSN) has seen a 24.44% increase in the past week, with a -10.40% drop in the past month, and a 14.31% flourish in the past quarter. The volatility ratio for the week is 15.82%, and the volatility levels for the past 30 days are at 10.13% for NRSN. The simple moving average for the past 20 days is -1.59% for NRSN’s stock, with a -6.89% simple moving average for the past 200 days.

Is It Worth Investing in NeuroSense Therapeutics Ltd (NASDAQ: NRSN) Right Now?

The 36-month beta value for NRSN is at 1.36. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for NRSN is 15.47M, and currently, shorts hold a 1.67% of that float. The average trading volume for NRSN on December 03, 2024 was 206.44K shares.

NRSN) stock’s latest price update

The stock of NeuroSense Therapeutics Ltd (NASDAQ: NRSN) has increased by 14.27 when compared to last closing price of 0.98.Despite this, the company has seen a gain of 24.44% in its stock price over the last five trading days. prnewswire.com reported 2024-12-02 that CAMBRIDGE, Mass., Dec. 2, 2024 /PRNewswire/ — NeuroSense Therapeutics Ltd.

NRSN Trading at -4.87% from the 50-Day Moving Average

After a stumble in the market that brought NRSN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.93% of loss for the given period.

Volatility was left at 10.13%, however, over the last 30 days, the volatility rate increased by 15.82%, as shares sank -11.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.85% lower at present.

During the last 5 trading sessions, NRSN rose by +24.44%, which changed the moving average for the period of 200-days by -15.79% in comparison to the 20-day moving average, which settled at $1.1381. In addition, NeuroSense Therapeutics Ltd saw 42.68% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for NRSN

The total capital return value is set at 7.32. Equity return is now at value -602.40, with -173.59 for asset returns.

Currently, EBITDA for the company is -10.63 million with net debt to EBITDA at 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.

Conclusion

In conclusion, NeuroSense Therapeutics Ltd (NRSN) has had a mixed performance lately. Opinion on the stock among analysts is bullish, 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.

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