VCI Global Ltd (NASDAQ: VCIG) Emerges As Guiding Light For Investors

VCI Global Ltd (NASDAQ:VCIG) currently has a daily average trading volume of 4.62M but it saw 7625239 shares traded in last market. With a market cap of 7.49M USD, the company’s current market price of $0.09 came rising about 1.28 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.71 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.0816 while lowest mark touched by it was $0.09.

Taking a look at 20-day trading activity of VCI Global Ltd (VCIG) gives us an average price of $0.1353, while its current price level is -97.65% below from 52-week high level whereas it is 6.61% 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 $0.1604 while that of 200 days or SMA-200 reads an average of $0.7509. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.40% during that period while stretching the period over a month that decreases to 14.07%. 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 29.12 which implies that the stock is in oversold territory.

Over the week, VCIG’s stock price is moving -36.00% down while it is -29.70% when we observe its performance for the past one month. Year-to-date it is -96.15% down and over the past year, the stock is showing a downside performance of -97.34%.

Currently, VCI Global Ltd’s total number of outstanding shares is 86.04M. Stock’s beta reads 0.54.