Singlepoint Inc (SING) Down -99.99% From Its 52-Week High, But Growth Potential Is Changing Over Time

Singlepoint Inc (AMEX:SING) currently has a daily average trading volume of 467.68K but it saw 8251553 shares traded in last market. With a market cap of 0.13M USD, the company’s current market price of $0.56 came falling about -35.67 while comparing to the previous closing price of $0.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $10842.00 and as low as $0.81. In the recent trading on the day, stock has struck highest price mark of $0.54 while lowest mark touched by it was $0.82.

Taking a look at 20-day trading activity of Singlepoint Inc (SING) gives us an average price of $6.2390, while its current price level is -99.99% below from 52-week high level whereas it is -30.86% 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 $11.6596. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.47% during that period while stretching the period over a month that increases to 29.87%. 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 20.81 which implies that the stock is in oversold territory.

Over the week, SING’s stock price is moving -81.21% down while it is -95.22% when we observe its performance for the past one month. Year-to-date it is -99.74% down and over the past year, the stock is showing a downside performance of -99.99%.

Company’s return on investment (ROI) stands at -288.98%. Stock’s beta reads -0.72. Stock has a price to book (P/B) ratio of 0.02 while price to sale or P/S ratio amounts to 0.01. Its return on asset (ROA) is -100.03% on average.