Adamas One Corp (NASDAQ:JEWL) price closed higher on Tuesday, March 26, jumping 31.90% above its previous close.
A look at the daily price movement shows that the last close reads $0.33. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.01 and 52-week low of $0.30. The stock subtracted -8.32% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give JEWL a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that JEWL’s price is at present -4.72% off the SMA20 and -14.63% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 48.87, with weekly volatility standing at 16.64%. The indicator jumps to 18.94% when calculated based on the past 30 days. Adamas One Corp (NASDAQ:JEWL)’s beta value is holding at 2.36, while the average true range (ATR) indicator is currently reading 0.08.
An analysis of the Adamas One Corp (NASDAQ:JEWL) stock in terms of its daily trading volume indicates that the 3-month average is 106.90K. However, this figure increases on the past 10-day timeline to an average of 0.34 million.
Current records show that the company has 25.67M in outstanding shares. The insiders’ percentage holdings are 33.82% of outstanding shares while the percentage share held by institutions stands at 0.85%. The stats also highlight that short interest as of Feb 29, 2024, stood at 8360.0 shares, which puts the short ratio at the time at 0.11. From this we can glean that short interest is 0.03% of company’s current outstanding shares. Notably, we see that shares short in February fall slightly given the previous month’s figure stood at 15590.0. But the -29.51% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
