Singlepoint Inc (AMEX: SING) Now -99.99% Off Its High ($6708.00), Does Analysts See Headwinds And Risks?

Singlepoint Inc (AMEX:SING) currently has a daily average trading volume of 1.17M but it saw 2804754 shares traded in last market. With a market cap of 0.10M USD, the company’s current market price of $0.43 came rising about 2.41 while comparing to the previous closing price of $0.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $6708.00 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.391 while lowest mark touched by it was $0.458.

Taking a look at 20-day trading activity of Singlepoint Inc (SING) gives us an average price of $4.2518, while its current price level is -99.99% below from 52-week high level whereas it is 4.66% 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 $10.4075. A closer look into the stock’s movement over the week reveals that its volatility is standing at 40.21% during that period while stretching the period over a month that decreases to 34.63%. 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 20.62 which implies that the stock is in oversold territory.

Over the week, SING’s stock price is moving -50.71% down while it is -95.62% when we observe its performance for the past one month. Year-to-date it is -99.80% down and over the past year, the stock is showing a downside performance of -99.99%.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Company’s return on investment (ROI) stands at -699.66%. Stock’s beta reads -0.73. Stock has a price to sale or P/S ratio amounts to 0.00. Its return on asset (ROA) is -107.14% on average.