VCI Global Ltd (NASDAQ: VCIG): Think Like A Lender, Not An Investor

VCI Global Ltd (NASDAQ:VCIG) currently has a daily average trading volume of 3.27M but it saw 2520069 shares traded in last market. With a market cap of 11.98M USD, the company’s current market price of $0.14 came falling about -1.42 while comparing to the previous closing price of $0.14. 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 $0.13 while lowest mark touched by it was $0.14.

Taking a look at 20-day trading activity of VCI Global Ltd (VCIG) gives us an average price of $0.1411, while its current price level is -96.75% below from 52-week high level whereas it is 22.64% 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 $0.2356 while that of 200 days or SMA-200 reads an average of $0.9159. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.32% during that period while stretching the period over a month that increases to 14.72%. 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 36.96 which implies that the stock is in neutral territory.

Over the week, VCIG’s stock price is moving 11.27% up while it is -40.46% when we observe its performance for the past one month. Year-to-date it is -93.84% down and over the past year, the stock is showing a downside performance of -95.86%.

Currently, VCI Global Ltd’s total number of outstanding shares is 86.04M. Stock’s beta reads 0.39.