Edgio Inc (NASDAQ:EGIO) currently has a daily average trading volume of 346.17K but it saw 105762445 shares traded in last market. With a market cap of 12.54M USD, the company’s current market price of $2.14 came rising about 118.70 while comparing to the previous closing price of $0.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.00 and as low as $0.72. In the recent trading on the day, stock has struck highest price mark of $1.02 while lowest mark touched by it was $2.88.
Taking a look at 20-day trading activity of Edgio Inc (EGIO) gives us an average price of $7.1800, while its current price level is -95.14% below from 52-week high level whereas it is 197.22% 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 $9.0800 while that of 200 days or SMA-200 reads an average of $10.5800. A closer look into the stock’s movement over the week reveals that its volatility is standing at 85.10% during that period while stretching the period over a month that decreases to 28.78%. 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 26.69 which implies that the stock is in oversold territory.
Cowen downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on November 10, 2022 while assigning a price target range of $5.75-$2.50.
Over the week, EGIO’s stock price is moving -66.82% down while it is -76.22% when we observe its performance for the past one month. Year-to-date it is -84.38% down and over the past year, the stock is showing a downside performance of -93.23%.
Currently, Edgio Inc’s total number of outstanding shares is 5.86M. Company’s return on investment (ROI) stands at -51.59% and return on equity (ROE) at -68.35%. Stock’s beta reads 0.63. Stock has a price to book (P/B) ratio of 0.08 while price to sale or P/S ratio amounts to 0.03. Its return on asset (ROA) is -30.00% on average.
