Cyclerion Therapeutics Inc (NASDAQ: CYCN): Time To Buy Over The Next Few Months

In the latest trading session, 68.62 million Cyclerion Therapeutics Inc (NASDAQ:CYCN) shares changed hands as the company’s beta touched 1.84. With the company’s most recent per share price at $6.35 changing hands around $4.74 or 294.11% at last look, the market valuation stands at $17.18M. CYCN’s last price was a premium, traded about 17.32% off its 52-week high of $5.25. The share price had its 52-week low at $1.27, which suggests the last value was 80.0% up since then. When we look at Cyclerion Therapeutics Inc’s average trading volume, we note the 10-day average is 3.3 million shares, with the 3-month average coming to 725.24K.

Cyclerion Therapeutics Inc (NASDAQ:CYCN) trade information

Instantly CYCN is in green as seen in intraday trades today. With action 366.56%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 89.41%, with the 5-day performance at 366.56% in the green. However, in the 30-day time frame, Cyclerion Therapeutics Inc (NASDAQ:CYCN) is 140.69% up. Looking at the short shares, we see there were 14439.0 shares sold at short interest cover period of 0.78 days.

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Cyclerion Therapeutics Inc (NASDAQ:CYCN)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 21.90% of Cyclerion Therapeutics Inc shares while 40.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 51.74%.