Elevai Labs Inc. (NASDAQ: ELAB) is -94.26% lower on its value in year-to-date trading and has touched a low of $0.10 and a high of $4.24 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 ELAB stock was last observed hovering at around $0.10 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.10, the stock is -62.80% and -69.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 39.93 million and changing 1.94% at the moment leaves the stock -85.84% off its SMA200. ELAB registered a loss of -85.00% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $0.33258 and a 200-day simple moving average (SMA200) of $0.73116.
The stock witnessed a -67.19% gain in the last 1 month and extending the period to 3 months gives it a -82.01%, and is -65.00% 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 12.35% over the week and 14.84% over the month.
Elevai Labs Inc. (ELAB) has around 18 employees, a market worth around $2.18M and $2.47M in sales. Profit margin for the company is -192.08%. Distance from 52-week low is 10.41% and -97.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-179.98%).
The shares outstanding are 17.33M, and float is at 8.47M with Short Float at 7.78%.
