Top Wealth Group Holding Ltd. (NASDAQ: TWG) Now -9.52% Off Its High ($10.50), Does Analysts See Headwinds And Risks?

Top Wealth Group Holding Ltd. (NASDAQ:TWG) currently has a daily average trading volume of 3.02M but it saw 1191870 shares traded in last market. With a market cap of 275.50M USD, the company’s current market price of $9.50 came falling about -3.36 while comparing to the previous closing price of $9.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.50 and as low as $0.65. In the recent trading on the day, stock has struck highest price mark of $8.15 while lowest mark touched by it was $10.6978.

Taking a look at 20-day trading activity of Top Wealth Group Holding Ltd. (TWG) gives us an average price of $4.16, while its current price level is -9.52% below from 52-week high level whereas it is 1360.86% 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 $2.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 39.73% during that period while stretching the period over a month that decreases to 32.27%. 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 77.40 which implies that the stock is in overbought territory.

Over the week, TWG’s stock price is moving 87.01% up while it is 465.48% when we observe its performance for the past one month. Year-to-date it is 389.69% up and over the past year.

Currently, Top Wealth Group Holding Ltd.’s total number of outstanding shares is 27.00M.