Thunder Power Holdings Inc. (AIEV): Investing In A Time Of Crisis

Thunder Power Holdings Inc. (NASDAQ:AIEV) currently has a daily average trading volume of 737.34K but it saw 2745498 shares traded in last market. With a market cap of 4.07M USD, the company’s current market price of $0.73 came rising about 8.21 while comparing to the previous closing price of $0.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.12 and as low as $0.43. In the recent trading on the day, stock has struck highest price mark of $0.68 while lowest mark touched by it was $0.7369.

Taking a look at 20-day trading activity of Thunder Power Holdings Inc. (AIEV) gives us an average price of $0.6363, while its current price level is -94.02% below from 52-week high level whereas it is 68.64% 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 $2.1977 while that of 200 days or SMA-200 reads an average of $8.6554. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.58% during that period while stretching the period over a month that increases to 15.87%. 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 29.28 which implies that the stock is in oversold territory.

Over the week, AIEV’s stock price is moving 6.62% up while it is -17.61% when we observe its performance for the past one month. Year-to-date it is -93.29% down and over the past year, the stock is showing a downside performance of -93.04%.

Currently, Thunder Power Holdings Inc.’s total number of outstanding shares is 5.54M. Company’s return on investment (ROI) stands at 3.28% and return on equity (ROE) at 1.18%. It has a price to earnings ratio (P/E ratio) of 11.77. Stock’s beta reads -0.25. Stock has a price to book (P/B) ratio of 0.19. Its return on asset (ROA) is 0.90% on average.