Linkage Global Inc. (LGCB) Down -94.16% From Its 52-Week High, But Growth Potential Is Changing Over Time

Linkage Global Inc. (NASDAQ:LGCB) currently has a daily average trading volume of 464.72K but it saw 181908547 shares traded in last market. With a market cap of 7.16M USD, the company’s current market price of $0.33 came rising about 24.49 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.70 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.3155 while lowest mark touched by it was $0.6281.

Taking a look at 20-day trading activity of Linkage Global Inc. (LGCB) gives us an average price of $0.3068, while its current price level is -94.16% below from 52-week high level whereas it is 32.67% 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 $0.9618 while that of 200 days or SMA-200 reads an average of $2.2147. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.23% during that period while stretching the period over a month that decreases to 16.54%. 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 31.29 which implies that the stock is in neutral territory.

Over the week, LGCB’s stock price is moving 15.62% up while it is -17.98% when we observe its performance for the past one month. Year-to-date it is -78.65% down and over the past year.

Currently, Linkage Global Inc.’s total number of outstanding shares is 20.00M. Company’s return on investment (ROI) stands at -2244.25% and return on equity (ROE) at -50.50%. Stock has a price to book (P/B) ratio of 160.87 while price to sale or P/S ratio amounts to 1.92. Its return on asset (ROA) is -21.63% on average.