9 Meters Biopharma Inc. Shares Close the Week 22.8% Lower - Weekly Wrap

The company saw its shares close the week 22.8% lower than last week, with trading volume higher than its 30 day average.

Mar 26, 2021 by Kwhen Finance Editors

9 Meters Biopharma Inc. Shares Close the Week 22.8% Lower - Weekly Wrap
9 Meters Biopharma Inc. shares closed this week 22.8% lower than it did at the end of last week. The stock is currently up 65.3% year-to-date, up 202.1% over the past 12 months, and down 61.4% over the past five years. This week, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 1.7%.

Trading Activity

  • Shares traded as high as $1.86 and as low as $1.28 this week.
  • Trading volume this week was 54.9% lower than the 10-day average and 46.3% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.7.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price lags the performance of its peers in the Health Care industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
9 Meters Biopharma Inc.-1.465.3202.1
Dow Jones Industrial Average1.48.655.8-1.461.3
S&P 500 Index1.66.358.8-1.562.9
Health Care1.93.041.6-2.742.7

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 44.2%
  • The company's stock price performance over the past 12 months beats the peer average by 85.6%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
9 Meters Biopharma Inc.NMTR065.3202.1
Peer AvgN/A045.3108.9-13.641.0
Ocular Therapeutix IncOCUL0-18.0244.9
OncoCyte Corp.OCX098.3130.1
Oragenics Inc.OGEN0100.860.7-54.5163.9

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