With 15.62M Outstanding Shares, Can Garden Stage Ltd (NASDAQ: GSIW) Deliver Big Short-Term Gains?

Garden Stage Ltd (NASDAQ:GSIW) currently has a daily average trading volume of 2.04M but it saw 1476707 shares traded in last market. With a market cap of 18.28M USD, the company’s current market price of $1.17 came falling about -2.50 while comparing to the previous closing price of $1.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.99 and as low as $1.04. In the recent trading on the day, stock has struck highest price mark of $1.12 while lowest mark touched by it was $1.27.

Taking a look at 20-day trading activity of Garden Stage Ltd (GSIW) gives us an average price of $5.6280, while its current price level is -92.68% below from 52-week high level whereas it is 12.50% 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 $6.5622 while that of 200 days or SMA-200 reads an average of $8.3038. A closer look into the stock’s movement over the week reveals that its volatility is standing at 126.87% during that period while stretching the period over a month that decreases to 68.78%. 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 37.98 which implies that the stock is in neutral territory.

Over the week, GSIW’s stock price is moving -85.06% down while it is -83.52% when we observe its performance for the past one month. Year-to-date it is -85.00% down and over the past year.

Currently, Garden Stage Ltd’s total number of outstanding shares is 15.62M. Company’s return on investment (ROI) stands at -48.44%. Stock has a price to book (P/B) ratio of 15.41 while price to sale or P/S ratio amounts to 101.53.