Santech Holdings Ltd. ADR (STEC) Reports -94.59% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

Santech Holdings Ltd. ADR (NASDAQ:STEC) does about 1.34M shares in volume on a normal day but saw 3452574 shares change hands in the recent trading day. The company now has a market cap of 11.18M USD. Its current market price is $0.40, marking an increase of 3.69% compared to the previous close of $0.39. The 52 week high reached by this stock is $7.38 whilst the lowest price level in 52 weeks is $0.20.

Santech Holdings Ltd. ADR (STEC) has a 20-day trading average at $0.2951 and the current price is -94.59% off the 52-week high compared with 99.95% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3338 and its 200-day simple moving average is $1.6632. If we look at the stock’s price movements over the week, volatility stands at 91.38%, which decreases to 37.04% 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 57.37 to suggest the stock is neutral.

The consensus objective for the share price is $11.99, suggesting that the stock has a potential upside of 96.66% over the period.

The current price level is 37.44%, 19.50%, and -76.46% away from its SMA20, SMA50, and SMA200 respectively, with the STEC price moving below the 50-day SMA on current market day. Santech Holdings Ltd. ADR (STEC) stock is up 94.21% over the week and 27.08% over the past month. Its price is -78.42% year-to-date and -94.51% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 96.66 percent from here.

Outstanding shares total 28.00M with insiders holding 0.00% of the shares and institutional holders owning 0.52% of the company’s common stock. The company has a return on investment of -673.98% and return on equity of -169.04%. The beta has a value of -0.06. Price to book ratio is 1.86 and price to sales ratio is 0.04.