MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 14.03M but it saw 19203044 shares traded in last market. With a market cap of 4.33M USD, the company’s current market price of $0.57 came rising about 12.45 while comparing to the previous closing price of $0.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.43. In the recent trading on the day, stock has struck highest price mark of $0.5 while lowest mark touched by it was $0.58.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $0.9378, while its current price level is -99.64% below from 52-week high level whereas it is 32.33% 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 $4.3029 while that of 200 days or SMA-200 reads an average of $9.2998. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.71% during that period while stretching the period over a month that decreases to 23.04%. 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 32.37 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving 4.14% up while it is -68.21% when we observe its performance for the past one month. Year-to-date it is -93.76% down and over the past year, the stock is showing a downside performance of -97.49%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 5.16M with 51.44% of that held by the insiders while 0.17% of its common stock has been owned by the institutions. Stock’s beta reads 3.07. Stock has a price to book (P/B) ratio of 0.04.
