MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 17.35M but it saw 23833607 shares traded in last market. With a market cap of 1.58M USD, the company’s current market price of $0.21 came falling about -12.98 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.23. In the recent trading on the day, stock has struck highest price mark of $0.2023 while lowest mark touched by it was $0.245.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $0.3676, while its current price level is -99.87% below from 52-week high level whereas it is -10.04% 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 $1.1770 while that of 200 days or SMA-200 reads an average of $5.8807. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.54% during that period while stretching the period over a month that decreases to 19.32%. 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 28.79 which implies that the stock is in oversold territory.
Over the week, MLGO’s stock price is moving -24.10% down while it is -62.21% when we observe its performance for the past one month. Year-to-date it is -97.72% down and over the past year, the stock is showing a downside performance of -99.42%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 5.16M. Stock’s beta reads 3.06. Stock has a price to book (P/B) ratio of 0.02.
