MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 11.78M but it saw 9571557 shares traded in last market. With a market cap of 7.01M USD, the company’s current market price of $0.92 came falling about -14.72 while comparing to the previous closing price of $1.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $1.02. In the recent trading on the day, stock has struck highest price mark of $0.8474 while lowest mark touched by it was $1.07.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $1.9210, while its current price level is -99.41% below from 52-week high level whereas it is -9.71% 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 $5.0670 while that of 200 days or SMA-200 reads an average of $10.8750. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.95% during that period while stretching the period over a month that increases to 23.43%. 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 32.81 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -25.12% down while it is -77.75% when we observe its performance for the past one month. Year-to-date it is -89.90% down and over the past year, the stock is showing a downside performance of -96.00%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 5.16M. Stock’s beta reads 3.27. Stock has a price to book (P/B) ratio of 0.07.
