Guardforce AI Co Ltd (NASDAQ: GFAI) – Time For Strategy Change?

Guardforce AI Co Ltd (NASDAQ:GFAI) currently has a daily average trading volume of 146.76K but it saw 1409996 shares traded in last market. With a market cap of 14.95M USD, the company’s current market price of $1.46 came rising about 11.45 while comparing to the previous closing price of $1.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.23 and as low as $1.30. In the recent trading on the day, stock has struck highest price mark of $1.32 while lowest mark touched by it was $1.48.

Taking a look at 20-day trading activity of Guardforce AI Co Ltd (GFAI) gives us an average price of $1.6500, while its current price level is -72.07% below from 52-week high level whereas it is 12.31% 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 $2.0452 while that of 200 days or SMA-200 reads an average of $2.8753. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.27% during that period while stretching the period over a month that increases to 9.55%. 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 34.99 which implies that the stock is in neutral territory.

Over the week, GFAI’s stock price is moving -0.68% down while it is -36.24% when we observe its performance for the past one month. Year-to-date it is -56.02% down and over the past year, the stock is showing a downside performance of -68.12%.

Currently, Guardforce AI Co Ltd’s total number of outstanding shares is 9.83M. Company’s return on investment (ROI) stands at -109.52% and return on equity (ROE) at -132.98%. Stock has a price to book (P/B) ratio of 0.57 while price to sale or P/S ratio amounts to 0.41. Its return on asset (ROA) is -55.20% on average.