Qualigen Therapeutics Inc (NASDAQ: QLGN)’s Stock Performance and Outlook

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In the latest trading session,, 23.63 million Qualigen Therapeutics Inc (NASDAQ:QLGN) shares changed hands as the company’s beta touched -0.82. With the company’s most recent per share price at $0.21 changing hands around $0.04 or 20.14% at last look, the market valuation stands at $1.43M. QLGN’s current price is a discount, trading about -500.0% off its 52-week high of $1.26. The share price had its 52-week low at $0.14, which suggests the last value was 33.33% up since then. When we look at Qualigen Therapeutics Inc’s average trading volume, we note the 3-month average coming to 162.39K.

Qualigen Therapeutics Inc (NASDAQ:QLGN) trade information

Instantly QLGN is in green as seen in intraday trades today. With action 3.78%, the performance over the past five days has been green. The jump to weekly highs of 0.2179 added 20.14% to the stock’s daily price. The company’s shares are showing year-to-date downside of -61.82%, with the 5-day performance at 3.78% in the green. However, in the 30-day time frame, Qualigen Therapeutics Inc (NASDAQ:QLGN) is -28.33% down.

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Qualigen Therapeutics Inc (QLGN) estimates and forecasts

Data shows that the Qualigen Therapeutics Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -63.67% over the past 6 months, a 59.35% in annual growth rate that is considerably higher than the industry average of 13.50%.

The company’s revenue for the corresponding quarters a year ago was 1.39M.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 71.09%.

QLGN Dividends

Qualigen Therapeutics Inc is expected to release its next quarterly earnings report in July.