MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 12.41M but it saw 7019447 shares traded in last market. With a market cap of 4.16M USD, the company’s current market price of $0.55 came falling about -9.33 while comparing to the previous closing price of $0.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.58. In the recent trading on the day, stock has struck highest price mark of $0.5222 while lowest mark touched by it was $0.609.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $1.3501, while its current price level is -99.65% below from 52-week high level whereas it is -6.42% 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 $4.7566 while that of 200 days or SMA-200 reads an average of $10.1087. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.31% during that period while stretching the period over a month that decreases to 22.25%. 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 30.92 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -40.67% down while it is -80.56% when we observe its performance for the past one month. Year-to-date it is -94.01% down and over the past year, the stock is showing a downside performance of -97.66%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 5.16M. Stock’s beta reads 3.29. Stock has a price to book (P/B) ratio of 0.04.
