Ensysce Biosciences Inc (NASDAQ: ENSC) is -38.14% lower on its value in year-to-date trading and has touched a low of $0.14 and a high of $2.06 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 ENSC stock was last observed hovering at around $0.68 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.66, the stock is 11.59% and 66.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -3.26% at the moment leaves the stock 17.98% off its SMA200. ENSC registered -27.14% loss for a year compared to 6-month loss of 2.97%. The firm has a 50-day simple moving average (SMA 50) of $0.38648 and a 200-day simple moving average (SMA200) of $0.559555.
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The stock witnessed a 21.65% gain in the last 1 month and extending the period to 3 months gives it a 59.93%, and is -7.52% 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 11.92% over the week and 23.97% over the month.
Ensysce Biosciences Inc (ENSC) has around 9 employees, a market worth around $12.84M and $4.42M in sales. Profit margin for the company is -179.29%. Distance from 52-week low is 364.38% and -68.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-114.75%).
The EPS is expected to grow by 82.30% this year
14.0 institutions hold shares in Ensysce Biosciences Inc (ENSC), with institutional investors hold 22.53% of the company’s shares. The shares outstanding are 19.57M, and float is at 19.18M with Short Float at 33.13%. Institutions hold 22.26% of the Float.
The top institutional shareholder in the company is PLANTE MORAN FINANCIAL ADVISORS, LLC with over 20.0 shares valued at $10.0. The investor’s holdings represent 0.0004 of the ENSC Shares outstanding.
