An Analysis of pSivida Corp.

pSivida Corp.

Recently, pSivida Corp. (NASDAQ:$PSDV) has failed to live up to its previous stock prices. The current price stands -1.41% below the 20 day average. While the stock did recover partially over the 50 day moving average, sitting 1.96% above it, the stock currently is -25.88% below the 200 day moving average. The moving averages are useful for determining trends and for tracking stock prices over the long term, without the noise of daily static.

The stock currently has a monthly volatility of 5.63% and a weekly volatility of 3.14%, and a beta of 1.35,  indicating the stock is 35% more volatile than the industry standard. The Price to Cash is 1.35 while the Price to Book sits at 3.50.

For profitability, we can take a look at three main indicators; Return on Equity, Return on Assets, and Return on Investment. These indicators measure how much profit is generated from their respective categories. The stock currently has a ROA of -91.40%, a ROE of -134.30% and a ROI of -139.70%.

During the most recent trading session, stock prices of pSivida hit $1.23, a rise of 2.94%, on a trading volume of 0.4 million shares. The current price is -58.45% below the 52 week high and 18.93% above the 52 week low.

The Relative Strength Index is a metric used to indicate when overbought and oversold situations. The RSI runs from 0 – 100, with anything above 70 being considered overbought and anything below 30 indicating an oversold situation. pSivida currently has an RSI of 49.91.

Over the last week, pSivida has dropped -0.42%, while it’s declined -4.03% over the past month. In the past quarter, the stock has moved -30.41%. Over the last 6 months, the stock dropped -26.99% and -57.95% over the past year. Their year to date performance is sitting at -30.41%.

We can also take a look at the company’s Average True Range. The ATR is an indicator used to measure volatility, with higher numbers indicating higher volatility and lower ratings indicating the opposite. Over the last 14 days, pSivida had an ATR of 0.07.

Featured Image: twitter

About the author: Dylan is a content writer and editor located in Vancouver, British Columbia. He graduated from the University of Regina with BA degrees in both Journalism and History in 2016. His skills include writing, blogging, editing, and developing content for both print and internet media.