Swvl Holdings Corp (NASDAQ: SWVL) Now $0.71 Higher From Its Low (2.48), Does It Still Have A Growth Story?

Swvl Holdings Corp (NASDAQ:SWVL) currently has a daily average trading volume of 22.39K but it saw 780931 shares traded in last market. With a market cap of 29.16M USD, the company’s current market price of $3.19 came rising about 4.59 while comparing to the previous closing price of $3.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.94 and as low as $0.71. In the recent trading on the day, stock has struck highest price mark of $2.85 while lowest mark touched by it was $4.65.

Taking a look at 20-day trading activity of Swvl Holdings Corp (SWVL) gives us an average price of $5.41, while its current price level is -85.46% below from 52-week high level whereas it is 349.30% 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 $6.09 while that of 200 days or SMA-200 reads an average of $6.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.26% during that period while stretching the period over a month that decreases to 12.31%. 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 23.12 which implies that the stock is in oversold territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Robert W. Baird which initiated the stock as “Outperform” in its note to investors issued on September 09, 2022, recommending a price target of $8 for it.

Over the week, SWVL’s stock price is moving -45.63% down while it is -45.56% when we observe its performance for the past one month. Year-to-date it is 90.61% up and over the past year, the stock is showing an upside performance of 231.77%.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0.0 while estimate for next year EPS is 0.0. In next quarter, company is expected to be making quarterly sales of $40.9M as analysts are expecting the sales for current fiscal year at $226.3M and seeing the company making $437.1M in sales next year. Moreover, analysts are in estimates of $33.4M for current-quarter revenue.

Currently, Swvl Holdings Corp’s total number of outstanding shares is 6.79M. Company’s return on investment (ROI) stands at 30.64% and return on equity (ROE) at 52.17%. It has a price to earnings ratio (P/E ratio) of 6.93. Stock’s beta reads 0.33. Stock has a price to book (P/B) ratio of 2.42 while price to sale or P/S ratio amounts to 1.28. Its return on asset (ROA) is 10.37% on average.