ARCA biopharma Inc Shares Approach 52-Week Low - Market Mover
The shares closed 1.5% above its 52-week low of $2.01, with trading volume lower than its 30 day average
Jan 09, 2022 by Kwhen Finance Editors
ARCA biopharma Inc (ABIO) shares closed today at 1.5% above its 52 week low of $2.01, giving the company a market cap of $29M. The stock is currently down 5.1% year-to-date, down 51.7% over the past 12 months, and down 96.0% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%.
Trading Activity
- Trading volume this week was 1.2% lower than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.9.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price is the same as the performance of its peers in the Health Care industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| ARCA biopharma Inc | -0.5 | -5.1 | -51.7 | -62.9 | 1.5 |
| Dow Jones Industrial Average | -0.0 | -0.3 | 18.5 | -2.0 | 23.2 |
| S&P 500 Index | -0.4 | -1.9 | 23.9 | -2.5 | 28.8 |
| Health Care | -0.7 | -5.2 | 13.2 | -5.5 | 21.4 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by -45.1%
- The company's stock price performance over the past 12 months lags the peer average by -1436.0%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| ARCA biopharma Inc | ABIO | 0 | -5.1 | -51.7 | -62.9 | 1.5 |
| Peer Avg | N/A | 6.7 | -9.3 | 3.9 | -43.9 | 36.0 |
| Medtronic Plc | MDT | 30.1 | 1.7 | -10.3 | -22.6 | 6.4 |
| United Therapeutics Corp | UTHR | 19.4 | -7.9 | 20.5 | -10.6 | 26.8 |
| Cytokinetics Inc | CYTK | -12.9 | -22.9 | 63.1 | -27.5 | 96.1 |
| Brooklyn ImmunoTherapeutics Inc | BTX | 0 | -7.7 | -20.5 | -95.2 | 8.4 |
| Palatin Technologies Inc. | PTN | -3.2 | -9.8 | -33.6 | -63.8 | 42.5 |
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