Why Tharimmune Inc (NASDAQ: THAR) Stock Should Not Be Taken For Granted By Investors In 2024

IPW

In today’s recent session, 8.34 million shares of the Tharimmune Inc (NASDAQ:THAR) have been traded, and its beta is 1.40. Most recently the company’s share price was $1.97, and it changed around -$0.2 or -9.22% from the last close, which brings the market valuation of the company to $2.94M. THAR at last check was trading at a discount to its 52-week high of $79.65, offering almost -3943.15% off that amount. The share price’s 52-week low was $1.84, which indicates that the recent value has risen by an impressive 6.6% since then. We note from Tharimmune Inc’s average daily trading volume that its 10-day average is 0.23 million shares, with the 3-month average coming to 1.03 million.

Tharimmune Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended THAR as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

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Tharimmune Inc (NASDAQ:THAR) trade information

Instantly THAR has been showing red trend so far today with a performance of -9.22% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.33 on recent trading dayincreased the stock’s daily price by 15.45%. The company’s shares are currently down -74.20% year-to-date, but still down -12.83% over the last five days. On the other hand, Tharimmune Inc (NASDAQ:THAR) is -10.05% down in the 30-day period. We can see from the shorts that 0.5 million shares have been sold at a short interest cover period of 0.19 day(s).

Tharimmune Inc (NASDAQ:THAR)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 1.79% of Tharimmune Inc shares, and 1.63% of them are in the hands of institutional investors. The stock currently has a share float of 1.66%.