The Week Ahead: Are Investors Really Too Optimistic About U-BX Technology Ltd. (NASDAQ: UBXG)

U-BX Technology Ltd. (NASDAQ:UBXG) currently has a daily average trading volume of 2.41M but it saw 1314758 shares traded in last market. With a market cap of 10.13M USD, the company’s current market price of $0.38 came falling about -9.98 while comparing to the previous closing price of $0.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.44 and as low as $0.36. In the recent trading on the day, stock has struck highest price mark of $0.367 while lowest mark touched by it was $0.405.

Taking a look at 20-day trading activity of U-BX Technology Ltd. (UBXG) gives us an average price of $0.5240, while its current price level is -98.94% below from 52-week high level whereas it is 3.11% 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 $4.2158. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.53% during that period while stretching the period over a month that decreases to 12.62%. 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 35.11 which implies that the stock is in neutral territory.

Over the week, UBXG’s stock price is moving -5.87% down while it is -45.80% when we observe its performance for the past one month. Year-to-date it is -90.85% down and over the past year.

Currently, U-BX Technology Ltd.’s total number of outstanding shares is 27.00M. Company’s return on investment (ROI) stands at -3.25% and return on equity (ROE) at -5.48%. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 0.15. Its return on asset (ROA) is -1.78% on average.