Silo Pharma Inc. (NASDAQ:SILO) saw an upside of 21.88% to $2.73 after adding $0.49 on Tuesday. The 5-day average trading volume is 1,905,509 shares of the company’s common stock. It has gained $2.97 in the past week and touched a new high 2 times within the past 5 days. An average of 493,327 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 357,701.
SILO’s 1-month performance is 29.98% or $0.78 on its low of $1.91 reached on 07/14/23. The company’s shares have touched a 52-week low of $1.71 and high of $12.23, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, SILO has lost -18.75% or -$0.50 and has reached a new high 2 times. However, the current price is down -77.67% from the 52-week high price.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Valuation Metrics
Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 119.27 while the price-to-book (PB) in the most recent quarter is 0.91.
The firm’s gross profit as reported stood at $66000.0 against revenue of $72000.0.
Earnings Surprise
Silo Pharma Inc.’s cash and short-term investments amounted to $6.01 million. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 34.07% to -$0.91 million, while revenue of -$1.66 million was -82.42% off the previous quarter. EBITDA for the quarter stood at more than -$0.77 million. Shareholders hold equity totaling $3.16 million.
Let’s look briefly at Silo Pharma Inc. (SILO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 90.49% to suggest the stock is trending Overbought, with historical volatility in this time period at 121.06%.
The stock’s 5-day moving average is $2.32, reflecting a +33.57% or $0.72 change from its current price. SILO is currently trading +32.34% above its 20-day SMA, +49.66% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +37.43% and SMA200 by-40.20%.
Stochastic %K and %D was 72.86% and 63.36% and the average true range (ATR) pointed at 0.19. The RSI (14) points at 83.40%, while the 14-day stochastic is at 89.32% with the period’s ATR at 0.16. The stock’s 9-day MACD Oscillator is pointing at 0.21 and 0.28 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for SILO stock have a consensus rating for the stock as -. Currently, 0 brokerage advisors rate SILO as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
