How Stochastic %D predicts the worthiness of Athersys, Inc. (NASDAQ:ATHX)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Athersys, Inc. (NASDAQ:ATHX) for the period of 9-Day stands at 35.56% while the stochastic %D for the same period stands at 48.14%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Athersys, Inc. (NASDAQ:ATHX) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Athersys, Inc. (NASDAQ:ATHX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Athersys, Inc. (NASDAQ:ATHX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Athersys is a biopharmaceutical company engaged in the discovery and development of therapeutic product candidates designed to extend and enhance the quality of human life. The company’s lead product candidate, ATHX-105, is an oral, selective 5HT2c receptor agonist in Phase I clinical trials for the treatment of obesity. The company is also developing other orally active pharmaceutical product candidates for the treatment of metabolic and central nervous system disorders, utilizing proprietary technologies, including Random Activation of Gene Expression (RAGE). Athersys is developing MultiStem(r), its patented, adult-derived “off the shelf” stem cell product platform, for multiple disease indications, including damage caused by myocardial infarction, bone marrow transplantation/oncology support, ischemic stroke and other indications.

Previous Day Activity Analysis

On the last trading day, Athersys, Inc. (NASDAQ:ATHX) opened the session at $2.23 and after going down -3.56% closed at $2.17. The stock lost -0.06 points in the last trade.

Athersys, Inc. (NASDAQ:ATHX)’s stock fluctuated in the range of $2.15 and $2.26 during the previous active session. Athersys, Inc. (NASDAQ:ATHX) traded with the volume of 1.16 Million with average volume of 1.1 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at -0.38 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.19 and 48.79 respectively.

Currently the Insider Ownership of the shares of Athersys, Inc. (NASDAQ:ATHX) is at 2.6% and the shares outstanding are 118.11 Million.

Important Ratio Analysis

Some important ratios to consider here for Athersys, Inc. (NASDAQ:ATHX) are discussed below:

Dividend yield of Athersys, Inc. (NASDAQ:ATHX) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 75.38 and 9.43 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 0 correspondingly.

The Quick Ratio of Athersys, Inc. (NASDAQ:ATHX) stands at 4.5 while the Current Ratio depicts the value of 4.5.

Return on Assets ROA of Athersys, Inc. (NASDAQ:ATHX) is at -88.8% whereas, Return on Equity ROE and Return of Investment ROI of Athersys, Inc. (NASDAQ:ATHX) stand at -121.4% and -133.8% respectively.

Stock Performance Analysis

The stock performance of Athersys, Inc. (NASDAQ:ATHX) on the basis of 5 day trade show the dip of -10.33% whereas, the monthly performance of the stock shows increase of 0.93%.

The quarterly performance of the stock remained in green zone with the value of 33.95% while six month performance of the shares of Athersys, Inc. (NASDAQ:ATHX) remained bullish with the count of 45.64%.

The yearly and YTD performance of Athersys, Inc. (NASDAQ:ATHX) remained up at 3.33% and 41.83% respectively.