Tiziana Life Sciences PLC (NASDAQ:TLSA) on the Path to Ruin

Tiziana Life Sciences PLC (NASDAQ:TLSA) on the Path to Ruin


The Tiziana Life Sciences PLC (TLSA) shares are trading at lower $6.99 and the avg recommendation for the stock is Moderate Buy.

To add more color to this target, the company’s high over the last year is $16.79 and the low is $1.54. Over the last 52 weeks, TLSA is down -58.37% while the S&P 500 is up 0.79%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. TLSA has a short ratio of 0.52 and outstanding shares of 33.30M.

Company Outlook

TLSA has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 4.99 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.14. Tiziana Life Sciences PLC TLSA also noted assets of $2.42 million at the end of the last quarter. Investors should also keep an eye on sector updates as TLSA has historically followed its peers on positive news.

All told, Tiziana Life Sciences PLC TLSA has strung together solid data and demonstrated underlying fundamentals. At its current valuation, TLSA represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Tiziana Life Sciences PLC TLSA is now commanding a market cap of 232.76M and a float of 10.11M. TLSA is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of TLSA stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in TLSA, either long or short, and we have not been compensated for this article.