Singlepoint Inc (AMEX: SING): Think Like A Lender, Not An Investor

Singlepoint Inc (AMEX:SING) currently has a daily average trading volume of 11.07M but it saw 6510053 shares traded in last market. With a market cap of 2.04M USD, the company’s current market price of $0.09 came falling about -3.27 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $108.42 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.0828 while lowest mark touched by it was $0.097.

Taking a look at 20-day trading activity of Singlepoint Inc (SING) gives us an average price of $0.1167, while its current price level is -99.92% below from 52-week high level whereas it is 4.51% 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 $0.1513. A closer look into the stock’s movement over the week reveals that its volatility is standing at 34.65% during that period while stretching the period over a month that decreases to 19.32%. 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 35.76 which implies that the stock is in neutral territory.

Over the week, SING’s stock price is moving -11.64% down while it is -51.82% when we observe its performance for the past one month. Year-to-date it is -96.01% down and over the past year, the stock is showing a downside performance of -99.71%.

Currently, Singlepoint Inc’s total number of outstanding shares is 23.80M with 0.76% of that held by the insiders while 2.29% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -227.20%. Stock’s beta reads -0.65. Stock has a price to book (P/B) ratio of 0.21 while price to sale or P/S ratio amounts to 0.08. Its return on asset (ROA) is -100.66% on average.