NeuroSense Therapeutics Ltd (NASDAQ: NRSN) is -13.89% lower on its value in year-to-date trading and has touched a low of $0.51 and a high of $1.64 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 NRSN stock was last observed hovering at around $1.03 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.03, the stock is 2.37% and -3.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 0.22% at the moment leaves the stock -2.78% off its SMA200. NRSN registered -37.38% loss for a year compared to 6-month gain of 7.97%. The firm has a 50-day simple moving average (SMA 50) of $1.07458 and a 200-day simple moving average (SMA200) of $1.062855.
The stock witnessed a -3.51% loss in the last 1 month and extending the period to 3 months gives it a -7.74%, and is 4.51% 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 8.46% over the week and 8.99% over the month.
NeuroSense Therapeutics Ltd (NRSN) has around 15 employees, a market worth around $24.79M and $0.00M in sales. Distance from 52-week low is 101.82% and -36.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-395.28%).
The EPS is expected to grow by 7.69% this year, but quarterly earnings will post 0.00% year-over-year.
13.0 institutions hold shares in NeuroSense Therapeutics Ltd (NRSN), with institutional investors hold 3.86% of the company’s shares. The shares outstanding are 23.23M, and float is at 16.52M with Short Float at 1.76%. Institutions hold 2.70% of the Float.
The top institutional shareholder in the company is ARMISTICE CAPITAL, LLC with over 1.58 million shares valued at $1.77 million. The investor’s holdings represent 10.2822 of the NRSN Shares outstanding. As of 2024-06-30, the second largest holder is MEITAV INVESTMENT HOUSE LTD with 40000.0 shares valued at $44800.0 to account for 0.2597 of the shares outstanding. The other top investors are XTX TOPCO LTD which holds 32650.0 shares representing 0.2119 and valued at over $36568.0, while GEODE CAPITAL MANAGEMENT, LLC holds 0.0777 of the shares totaling 11963.0 with a market value of $13398.0.
