Are Analysts Too Bullish On Signing Day Sports Inc (SGN)

Signing Day Sports Inc (AMEX:SGN) currently has a daily average trading volume of 450.10K but it saw 2909270 shares traded in last market. With a market cap of 3.05M USD, the company’s current market price of $0.18 came falling about -9.74 while comparing to the previous closing price of $0.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.09 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.1598 while lowest mark touched by it was $0.2132.

Taking a look at 20-day trading activity of Signing Day Sports Inc (SGN) gives us an average price of $0.2131, while its current price level is -96.45% below from 52-week high level whereas it is 19.59% 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 $0.2329. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.68% during that period while stretching the period over a month that decreases to 21.01%. 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 42.14 which implies that the stock is in neutral territory.

Over the week, SGN’s stock price is moving -17.86% down while it is -4.26% when we observe its performance for the past one month. Year-to-date it is -84.01% down and over the past year.

Currently, Signing Day Sports Inc’s total number of outstanding shares is 13.25M. Stock has a price to sale or P/S ratio amounts to 5.26. Its return on asset (ROA) is -306.83% on average.