Signing Day Sports Inc (AMEX: SGN) Now -97.45% Off Its High ($5.09), Does Analysts See Headwinds And Risks?

Signing Day Sports Inc (AMEX:SGN) currently has a daily average trading volume of 475.72K but it saw 1665577 shares traded in last market. With a market cap of 2.19M USD, the company’s current market price of $0.13 came rising about 13.95 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.09 and as low as $0.11. In the recent trading on the day, stock has struck highest price mark of $0.1251 while lowest mark touched by it was $0.14.

Taking a look at 20-day trading activity of Signing Day Sports Inc (SGN) gives us an average price of $0.1615, while its current price level is -97.45% below from 52-week high level whereas it is 15.16% 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 $0.1954 while that of 200 days or SMA-200 reads an average of $0.4500. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.89% during that period while stretching the period over a month that increases to 18.09%. 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 39.46 which implies that the stock is in neutral territory.

Over the week, SGN’s stock price is moving 4.76% up while it is -42.34% when we observe its performance for the past one month. Year-to-date it is -88.50% down and over the past year.

Currently, Signing Day Sports Inc’s total number of outstanding shares is 13.25M. Stock has a price to sale or P/S ratio amounts to 3.78. Its return on asset (ROA) is -306.83% on average.