Volatility Is Your Friend: Triller Group Inc. (ILLR) Is Hot Again

Triller Group Inc. (NASDAQ:ILLR) does about 389.15K shares in volume on a normal day but saw 1090595 shares change hands in the recent trading day. The company now has a market cap of 171.77M USD. Its current market price is $3.63, marking an increase of 1.68% compared to the previous close of $3.57. The 52 week high reached by this stock is $8.86 whilst the lowest price level in 52 weeks is $0.66.

Triller Group Inc. (ILLR) has a 20-day trading average at $4.78 and the current price is -59.04% off the 52-week high compared with 449.18% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.67 and its 200-day simple moving average is $3.67. If we look at the stock’s price movements over the week, volatility stands at 37.53%, which decreases to 19.75% 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 42.03 to suggest the stock is neutral.

The current price level is -24.14%, -22.29%, and -1.06% away from its SMA20, SMA50, and SMA200 respectively, with the ILLR price moving above the 50-day SMA on current market day. Triller Group Inc. (ILLR) stock is down -25.61% over the week and -5.52% over the past month. Its price is 261.97% year-to-date and 267.42% over the past year.

Outstanding shares total 68.66M with insiders holding 8.75% of the shares and institutional holders owning 0.27% of the company’s common stock. The company has a return on investment of -1155.80% and return on equity of -472.07%. Price to sales ratio is 4.48.