Spotting A Winner: AirNet Technology Inc ADR (NASDAQ: ANTE) Advances 26.11 And It Still Have Room To Run

AirNet Technology Inc ADR (NASDAQ:ANTE) currently has a daily average trading volume of 476.47K but it saw 559589 shares traded in last market. With a market cap of 4.87M USD, the company’s current market price of $0.34 came rising about 26.11 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.90 and as low as $0.26. In the recent trading on the day, stock has struck highest price mark of $0.2695 while lowest mark touched by it was $0.34.

Taking a look at 20-day trading activity of AirNet Technology Inc ADR (ANTE) gives us an average price of $0.2847, while its current price level is -88.28% below from 52-week high level whereas it is 30.77% 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 $0.7783 while that of 200 days or SMA-200 reads an average of $0.9506. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.84% during that period while stretching the period over a month that increases to 11.46%. 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 42.16 which implies that the stock is in neutral territory.

Over the week, ANTE’s stock price is moving 21.30% up while it is 11.07% when we observe its performance for the past one month. Year-to-date it is -59.03% down and over the past year, the stock is showing a downside performance of -67.31%.

Currently, AirNet Technology Inc ADR’s total number of outstanding shares is 14.31M. Company’s return on investment (ROI) stands at -0.86% and return on equity (ROE) at -0.62%. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 0.13 while price to sale or P/S ratio amounts to 5.72. Its return on asset (ROA) is -0.19% on average.