Singularity Future Technology Ltd (NASDAQ:SGLY) currently has a daily average trading volume of 196.25K but it saw 908443 shares traded in last market. With a market cap of 7.35M USD, the company’s current market price of $2.10 came rising about 35.19 while comparing to the previous closing price of $1.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.00 and as low as $1.44. In the recent trading on the day, stock has struck highest price mark of $1.55 while lowest mark touched by it was $2.45.
Taking a look at 20-day trading activity of Singularity Future Technology Ltd (SGLY) gives us an average price of $3.4800, while its current price level is -73.75% below from 52-week high level whereas it is 45.83% 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 $3.8000 while that of 200 days or SMA-200 reads an average of $4.4300. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.95% during that period while stretching the period over a month that increases to 37.71%. 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 40.68 which implies that the stock is in neutral territory.
Over the week, SGLY’s stock price is moving 26.51% up while it is -24.42% when we observe its performance for the past one month. Year-to-date it is -61.11% down and over the past year, the stock is showing a downside performance of -62.35%.
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 1.15. Stock has a price to book (P/B) ratio of 0.44 while price to sale or P/S ratio amounts to 2.18. Its return on asset (ROA) is -39.89% on average.
