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Regencell Bioscience Holdings Ltd is engaged in the research, development and commercialization of traditional Chinese medicine. The medicines are used for the treatment of neurocognitive disorders and degeneration.
Regencell Bioscience Holdings Limited - trades on the NASDAQ stock market under the symbol RGC.
As of April 26, 2024, RGC stock price was flat at $5.35 with 10 million shares trading.
RGC has a market cap of $69.62 million. This is considered a Micro Cap stock.
RGC has underperformed the market in the last year with a return of -80.0%, while the SPY ETF gained +26.9%. In the last 3 month period, RGC fell short of the market, returning -34.8%, while SPY returned +4.6%. However, in the most recent 2 weeks RGC has outperformed the stock market by returning +40.8%, while SPY returned -1.8%.
RGC support price is $4.66 and resistance is $6.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RGC stock will trade within this expected range on the day.