Contineum Therapeutics Inc (NASDAQ:CTNM) Currently -62.96% Below Its 52-Week High But The Downside Potential May Surprise You

In last trading session, Contineum Therapeutics Inc (NASDAQ:CTNM) saw 0.8 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $13.50 trading at $0.15 or 1.12% at ring of the bell on the day assigns it a market valuation of $348.00M. That closing price of CTNM’s stock is at a discount of -62.96% from its 52-week high price of $22.00 and is indicating a premium of 8.67% from its 52-week low price of $12.33. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.13 million shares which gives us an average trading volume of 92.37K if we extend that period to 3-months.

For Contineum Therapeutics Inc (CTNM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.25. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.44 in the current quarter.

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Contineum Therapeutics Inc (NASDAQ:CTNM) trade information

Upright in the green during last session for gaining 1.12%, in the last five days CTNM remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $13.50 price level, adding 7.53% to its value on the day. Contineum Therapeutics Inc’s shares saw a change of -12.34% in year-to-date performance and have moved -3.78% in past 5-day. Contineum Therapeutics Inc (NASDAQ:CTNM) showed a performance of -1.10% in past 30-days. Number of shares sold short was 1.05 million shares which calculate 13.66 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 32 to the stock, which implies a rise of 57.81% to its current value. Analysts have been projecting 32 as a low price target for the stock while placing it at a high target of 32. It follows that stock’s current price would drop -137.04% in reaching the projected high whereas dropping to the targeted low would mean a loss of -137.04% for stock’s current value.