Signing Day Sports Inc (SGN) Reports -94.37% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

Signing Day Sports Inc (AMEX:SGN) does about 280.16K shares in volume on a normal day but saw 7199892 shares change hands in the recent trading day. The company now has a market cap of 4.83M USD. Its current market price is $0.29, marking an increase of 32.03% compared to the previous close of $0.22. The 52 week high reached by this stock is $5.09 whilst the lowest price level in 52 weeks is $0.15.

Signing Day Sports Inc (SGN) has a 20-day trading average at $0.2137 and the current price is -94.37% off the 52-week high compared with 89.61% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2368. If we look at the stock’s price movements over the week, volatility stands at 18.67%, which decreases to 18.66% 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 66.33 to suggest the stock is neutral.

The current price level is 36.85%, 21.02%, and -48.01% away from its SMA20, SMA50, and SMA200 respectively, with the SGN price moving below the 50-day SMA on current market day. Signing Day Sports Inc (SGN) stock is up 27.16% over the week and 42.82% over the past month. Its price is -74.65% year-to-date.

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

Outstanding shares total 13.25M with insiders holding 41.33% of the shares and institutional holders owning 13.78% of the company’s common stock. Price to sales ratio is 8.33.