MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 11.25M but it saw 10122092 shares traded in last market. With a market cap of 9.36M USD, the company’s current market price of $1.23 came falling about -13.38 while comparing to the previous closing price of $1.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $1.25.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $3.0700, while its current price level is -99.21% below from 52-week high level whereas it is -1.60% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.1514 while that of 200 days or SMA-200 reads an average of $11.7169. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.76% during that period while stretching the period over a month that increases to 28.00%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.98 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -37.88% down while it is -88.55% when we observe its performance for the past one month. Year-to-date it is -86.51% down and over the past year, the stock is showing a downside performance of -94.68%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 5.16M. Stock’s beta reads 3.15. Stock has a price to book (P/B) ratio of 0.09.
