MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 31.17M but it saw 17591796 shares traded in last market. With a market cap of 5.64M USD, the company’s current market price of $0.32 came falling about -4.33 while comparing to the previous closing price of $0.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.19. In the recent trading on the day, stock has struck highest price mark of $0.3069 while lowest mark touched by it was $0.353.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $0.2794, while its current price level is -99.79% below from 52-week high level whereas it is 70.59% 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 $0.3972 while that of 200 days or SMA-200 reads an average of $3.7450. A closer look into the stock’s movement over the week reveals that its volatility is standing at 35.75% during that period while stretching the period over a month that decreases to 22.69%. 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 44.84 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving 28.89% up while it is 35.96% when we observe its performance for the past one month. Year-to-date it is -96.44% down and over the past year, the stock is showing a downside performance of -99.05%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 17.36M. Stock’s beta reads 2.95. Stock has a price to book (P/B) ratio of 0.74.
