OS Therapies Inc (AMEX:OSTX) shares, rose in value on Wednesday, May 07, with the stock price down by -21.37% to the previous day’s close as strong demand from buyers drove the stock to $1.84.
Actively observing the price movement in the last trading, the stock closed the session at $2.34. Referring to stock’s 52-week performance, its high was $7.00, and the low was $1.12. On the whole, OSTX has fluctuated by 28.67% over the past month.
With the market capitalization of OS Therapies Inc currently standing at about $43.85 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of OSTX currently trading nearly 9.75% and 13.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.48, while the 7-day volatility ratio is showing 19.14% which for the 30-day chart, stands at 14.87%. Furthermore, OS Therapies Inc (OSTX)’s average true range (ATR) is 0.26.
Data on historical trading for OS Therapies Inc (AMEX:OSTX) indicates that the trading volumes over the past 3 months, they’ve averaged 848.57K. According to company’s latest data on outstanding shares, there are 20.87 million shares outstanding.
Nearly 34.28% of OS Therapies Inc’s shares belong to company insiders and institutional investors own 0.75% of the company’s shares. The stock has fallen by -57.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OSTX stock heading into the next quarter.
