Resonant Inc. (NASDAQ:RESN)
Resonant Inc. (NASDAQ:RESN), ended its previous trading session at $4.59 showing a gain of 0.0199999999999996 or 0.44 percent with respect to the price of $4.57 when stock market opened. The company traded 2.73 Million shares over the course of the trading day. Giving the average volume of 1.37 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 53.24 Million.
Resonant Inc. (NASDAQ:RESN) is currently trading Higher than its price target which is set to $3.9 by the analyst. The stock is -9.56% Below its 1-Year High which is $5.07. RESN has a difference of 382.83% from its 1 year low which stands at $0.95. The company is currently rated by analyst who are keeping a close eye on the stock as 1.8. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.
Resonant Inc. (NASDAQ:RESN) Performance Snapshot
The stock performed exceptionally bad in the previous week which depicts an decrease of 23.39 percent in the shares price. The company added about 116.51% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 79.3 Percent. RESN currently shows 73.21% as its year to date performance.
Resonant Inc. (NASDAQ:RESN) Price Insight
The stock needs to grow about $-0.69 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 59.6%, 82.3% and 91.81 percent respectively. The stock trades about 16.18 percent of its Float giving its total shares Outstanding are 53.24 Million. RESN gained about 102.2 percent in 6 months showing its Average True Range of 0.37. The company currently has a RSI and Beta of 83.19 and 2.8.
While talking about Resonant Inc. (NASDAQ:RESN) valuation ratios, the stock trades with a P/S and P/B of 67.93 and 12.75 which is significantly better and attractive as compared to its peers.
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