Singularity Future Technology Ltd (NASDAQ:SGLY) currently has a daily average trading volume of 120.27K but it saw 2534635 shares traded in last market. With a market cap of 8.68M USD, the company’s current market price of $2.48 came falling about -63.15 while comparing to the previous closing price of $6.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.00 and as low as $2.00. In the recent trading on the day, stock has struck highest price mark of $1.64 while lowest mark touched by it was $5.3.
Taking a look at 20-day trading activity of Singularity Future Technology Ltd (SGLY) gives us an average price of $3.99, while its current price level is -69.00% below from 52-week high level whereas it is 23.99% 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 $4.39 while that of 200 days or SMA-200 reads an average of $4.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 86.87% during that period while stretching the period over a month that decreases to 28.99%. 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 37.69 which implies that the stock is in neutral territory.
Over the week, SGLY’s stock price is moving -42.59% down while it is -21.27% when we observe its performance for the past one month. Year-to-date it is -54.07% down and over the past year, the stock is showing a downside performance of -48.33%.
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.
Currently, Singularity Future Technology Ltd’s total number of outstanding shares is 3.50M. Company’s return on investment (ROI) stands at -50.39% and return on equity (ROE) at -53.18%. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 0.51 while price to sale or P/S ratio amounts to 2.58. Its return on asset (ROA) is -39.89% on average.
