Tenax Therapeutics Inc. (NASDAQ: TENX) is -75.54% lower on its value in year-to-date trading and has touched a low of $0.45 and a high of $17.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TENX stock was last observed hovering at around $0.65 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $0.55, the stock is -25.35% and -65.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.97 million and changing -16.69% at the moment leaves the stock -87.17% off its SMA200. TENX registered -95.33% loss for a year compared to 6-month loss of -85.81%.
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The stock witnessed a -50.90% gain in the last 1 month and extending the period to 3 months gives it a -79.66%, and is -13.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 26.55% over the week and 14.50% over the month.
Fwd P/E is 1.01. Distance from 52-week low is 20.58% and -96.79% from its 52-week high.
Tenax Therapeutics Inc. is expected to release its quarterly report on 05/16/2023.The EPS is expected to shrink by -20.70% this year.
Tenax Therapeutics Inc. (TENX) Top Institutional Holders
The shares outstanding are 26.33M, and float is at 1.83M with Short Float at 24.14%.
Tenax Therapeutics Inc. (TENX) Insider Activity
A total of 2 insider transactions have happened at Tenax Therapeutics Inc. (TENX) in the last six months, with sales accounting for 1 and purchases happening 1 times.