Following The Money: Institution’s Growing Stake In 180 Life Sciences Corp (NASDAQ: ATNF)

180 Life Sciences Corp (ATNF) concluded trading on Wednesday at a closing price of $6.47, with 89.1 million shares of worth about $576.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 238.74% during that period and on October 16, 2024 the price saw a gain of about 325.66%. Currently the company’s common shares owned by public are about 0.53M shares, out of which, 0.52M shares are available for trading.

Stock saw a price change of 372.26% in past 5 days and over the past one month there was a price change of 225.13%. Year-to-date (YTD), ATNF shares are showing a performance of 59.50% which decreased to -34.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.16 but also hit the highest price of $11.21 during that period. The average intraday trading volume for 180 Life Sciences Corp shares is 66.55K. The stock is currently trading 256.77% above its 20-day simple moving average (SMA20), while that difference is up 247.31% for SMA50 and it goes to 165.21% higher than SMA200.

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180 Life Sciences Corp (NASDAQ: ATNF) currently have 0.53M outstanding shares and institutions hold larger chunk of about 1.32% of that.

The stock has a current market capitalization of $3.43M. It has posted earnings per share of -$28.49 in the same period. It has Quick Ratio of 0.58. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ATNF, volatility over the week remained 42.86% while standing at 18.75% over the month.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Maxim Group on September 15, 2021 offering a Buy rating for the stock and assigned a target price of $11 to it.

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