SRIVARU Holding Ltd. (SVMH) Down -96.64% From Its 52-Week High, But Growth Potential Is Changing Over Time

SRIVARU Holding Ltd. (NASDAQ:SVMH) currently has a daily average trading volume of 6.10M but it saw 1861562 shares traded in last market. With a market cap of 2.89M USD, the company’s current market price of $0.08 came falling about -3.25 while comparing to the previous closing price of $0.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.31 and as low as $0.07. In the recent trading on the day, stock has struck highest price mark of $0.0754 while lowest mark touched by it was $0.082.

Taking a look at 20-day trading activity of SRIVARU Holding Ltd. (SVMH) gives us an average price of $0.0918, while its current price level is -96.64% below from 52-week high level whereas it is 8.56% 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 $0.1048 while that of 200 days or SMA-200 reads an average of $0.1820. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.86% during that period while stretching the period over a month that increases to 14.56%. 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 36.37 which implies that the stock is in neutral territory.

Over the week, SVMH’s stock price is moving -5.26% down while it is -32.05% when we observe its performance for the past one month. Year-to-date it is -78.36% down and over the past year, the stock is showing a downside performance of -96.29%.

Currently, SRIVARU Holding Ltd.’s total number of outstanding shares is 37.33M. Company’s return on equity (ROE) at 0.81%. It has a price to earnings ratio (P/E ratio) of 22.11. Stock’s beta reads -0.84. Its return on asset (ROA) is 0.48% on average.