A Few Bright Spots In VCI Global Ltd (NASDAQ: VCIG)

VCI Global Ltd (NASDAQ:VCIG) currently has a daily average trading volume of 2.78M but it saw 6018456 shares traded in last market. With a market cap of 10.76M USD, the company’s current market price of $0.13 came rising about 0.97 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.29 and as low as $0.11. In the recent trading on the day, stock has struck highest price mark of $0.1191 while lowest mark touched by it was $0.134.

Taking a look at 20-day trading activity of VCI Global Ltd (VCIG) gives us an average price of $0.1580, while its current price level is -97.08% below from 52-week high level whereas it is 10.22% 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 $0.2743 while that of 200 days or SMA-200 reads an average of $0.9768. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.35% during that period while stretching the period over a month that increases to 14.61%. 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 28.82 which implies that the stock is in oversold territory.

Over the week, VCIG’s stock price is moving -7.26% down while it is -40.11% when we observe its performance for the past one month. Year-to-date it is -94.46% down and over the past year, the stock is showing a downside performance of -96.85%.

Currently, VCI Global Ltd’s total number of outstanding shares is 86.04M. Stock’s beta reads 0.52.