Elevai Labs Inc (NASDAQ: ELAB) is -98.57% lower on its value in year-to-date trading and has touched a low of $0.02 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 $0.02 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.03, the stock is -54.64% and -79.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 billion and changing 6.07% at the moment leaves the stock -94.46% off its SMA200. ELAB registered a loss of -95.97% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $0.13228 and a 200-day simple moving average (SMA200) of $0.47645.
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The stock witnessed a -69.53% gain in the last 1 month and extending the period to 3 months gives it a -91.18%, and is 46.37% up 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 33.06% over the week and 28.21% over the month.
Elevai Labs Inc (ELAB) has around 18 employees, a market worth around $1.29M and $2.47M in sales. Profit margin for the company is -192.08%. Distance from 52-week low is 62.73% and -99.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-179.98%).
The shares outstanding are 49.38M, and float is at 39.35M with Short Float at 23.95%.
