MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 14.88M but it saw 10670843 shares traded in last market. With a market cap of 3.27M USD, the company’s current market price of $0.43 came falling about -11.24 while comparing to the previous closing price of $0.48. 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 $0.4262 while lowest mark touched by it was $0.495.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $0.7336, while its current price level is -99.72% below from 52-week high level whereas it is -0.09% 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 $4.0126 while that of 200 days or SMA-200 reads an average of $8.6829. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.74% during that period while stretching the period over a month that increases to 21.99%. 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 30.88 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -15.10% down while it is -67.94% when we observe its performance for the past one month. Year-to-date it is -95.29% down and over the past year, the stock is showing a downside performance of -98.38%.
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 3.06. Stock has a price to book (P/B) ratio of 0.03.
