SAIHEAT Ltd. (SAIH) At $0.95 Offering A Unique Opportunity

SAIHEAT Ltd. (NASDAQ:SAIH) currently has a daily average trading volume of 128.04K but it saw 33901702 shares traded in last market. With a market cap of 23.29M USD, the company’s current market price of $0.95 came rising about 68.87 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.65 and as low as $0.54. In the recent trading on the day, stock has struck highest price mark of $0.552 while lowest mark touched by it was $1.79.

Taking a look at 20-day trading activity of SAIHEAT Ltd. (SAIH) gives us an average price of $0.7210, while its current price level is -42.70% below from 52-week high level whereas it is 76.70% 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 $0.7776 while that of 200 days or SMA-200 reads an average of $0.9172. A closer look into the stock’s movement over the week reveals that its volatility is standing at 56.04% during that period while stretching the period over a month that decreases to 21.55%. 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 65.39 which implies that the stock is in neutral territory.

Over the week, SAIH’s stock price is moving 55.00% up while it is 25.98% when we observe its performance for the past one month. Year-to-date it is -20.55% down and over the past year, the stock is showing an upside performance of 5.06%.

Currently, SAIHEAT Ltd.’s total number of outstanding shares is 14.41M. Stock’s beta reads 1.83.