More To Go Or Is It Over? – Signing Day Sports Inc (SGN)

Signing Day Sports Inc (AMEX:SGN) does about 10.41M shares in volume on a normal day but saw 1919592 shares change hands in the recent trading day. The company now has a market cap of 4.76M USD. Its current market price is $0.26, marking an increase of 2.94% compared to the previous close of $0.25. The 52 week high reached by this stock is $5.09 whilst the lowest price level in 52 weeks is $0.11.

Signing Day Sports Inc (SGN) has a 20-day trading average at $0.2495 and the current price is -94.84% off the 52-week high compared with 132.71% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2172 and its 200-day simple moving average is $0.3703. If we look at the stock’s price movements over the week, volatility stands at 11.66%, which increases to 15.00% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 54.27 to suggest the stock is neutral.

The current price level is 5.21%, 20.83%, and -29.11% away from its SMA20, SMA50, and SMA200 respectively, with the SGN price moving below the 50-day SMA on current market day. Signing Day Sports Inc (SGN) stock is up 5.04% over the week and 0.96% over the past month. Its price is -76.77% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 13.25M with insiders holding 25.01% of the shares and institutional holders owning 12.24% of the company’s common stock. Price to sales ratio is 8.20.