Solowin Holdings (NASDAQ: SWIN) Increases 31.50% Over A Month, But Analysts Still See Upside Potential

Solowin Holdings (NASDAQ:SWIN) currently has a daily average trading volume of 197.16K but it saw 1419789 shares traded in last market. With a market cap of 51.77M USD, the company’s current market price of $3.34 came rising about 24.63 while comparing to the previous closing price of $2.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $72.55 and as low as $1.84. In the recent trading on the day, stock has struck highest price mark of $2.95 while lowest mark touched by it was $3.6.

Taking a look at 20-day trading activity of Solowin Holdings (SWIN) gives us an average price of $2.72, while its current price level is -95.40% below from 52-week high level whereas it is 81.48% 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 $2.62 while that of 200 days or SMA-200 reads an average of $6.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.45% during that period while stretching the period over a month that decreases to 10.92%. 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 62.77 which implies that the stock is in neutral territory.

Over the week, SWIN’s stock price is moving 27.00% up while it is 31.50% when we observe its performance for the past one month. Year-to-date it is 11.71% up and over the past year, the stock is showing an upside performance of 21.45%.

Currently, Solowin Holdings’s total number of outstanding shares is 15.50M. Company’s return on investment (ROI) stands at -48.74% and return on equity (ROE) at -74.48%. Stock’s beta reads -2.24. Stock has a price to book (P/B) ratio of 45.41 while price to sale or P/S ratio amounts to 94.13. Its return on asset (ROA) is -35.66% on average.