VCI Global Ltd (NASDAQ: VCIG) Emerges As Guiding Light For Investors

VCI Global Ltd (NASDAQ:VCIG) currently has a daily average trading volume of 2.16M but it saw 5526732 shares traded in last market. With a market cap of 12.52M USD, the company’s current market price of $0.15 came rising about 2.18 while comparing to the previous closing price of $0.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.32 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.131 while lowest mark touched by it was $0.1485.

Taking a look at 20-day trading activity of VCI Global Ltd (VCIG) gives us an average price of $0.2002, while its current price level is -97.27% below from 52-week high level whereas it is 6.20% 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 $0.3642 while that of 200 days or SMA-200 reads an average of $1.1140. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.25% during that period while stretching the period over a month that increases to 19.08%. 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 26.51 which implies that the stock is in oversold territory.

Over the week, VCIG’s stock price is moving -22.15% down while it is -48.04% when we observe its performance for the past one month. Year-to-date it is -93.56% down and over the past year, the stock is showing a downside performance of -96.46%.

Currently, VCI Global Ltd’s total number of outstanding shares is 86.04M. Stock’s beta reads 0.43.