Things For Investors To Watch In SRIVARU Holding Ltd. (NASDAQ: SVMH)

SRIVARU Holding Ltd. (NASDAQ:SVMH) does about 9.02M shares in volume on a normal day but saw 1465005 shares change hands in the recent trading day. The company now has a market cap of 4.38M USD. Its current market price is $0.12, marking an increase of 14.30% compared to the previous close of $0.10. The 52 week high reached by this stock is $2.54 whilst the lowest price level in 52 weeks is $0.08.

SRIVARU Holding Ltd. (SVMH) has a 20-day trading average at $0.1139 and the current price is -95.37% off the 52-week high compared with 52.40% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1667. If we look at the stock’s price movements over the week, volatility stands at 15.90%, which increases to 18.56% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.19 to suggest the stock is neutral.

The current price level is 0.44%, -29.99%, and -66.37% away from its SMA20, SMA50, and SMA200 respectively, with the SVMH price moving above the 50-day SMA on current market day. SRIVARU Holding Ltd. (SVMH) stock is up 24.21% over the week and -40.20% over the past month. Its price is -67.15% year-to-date and -94.96% over the past year.

Outstanding shares total 37.33M with insiders holding 83.50% of the shares and institutional holders owning 5.86% of the company’s common stock. The company has a return on equity of 0.81%. The price to earnings ratio (P/E ratio) amounts to 33.57. The beta has a value of -0.82.