Should Investors Trust The Upside Potential In Triller Group Inc. (ILLR)?

Triller Group Inc. (NASDAQ:ILLR) currently has a daily average trading volume of 431.95K but it saw 990041 shares traded in last market. With a market cap of 108.84M USD, the company’s current market price of $2.30 came falling about -8.37 while comparing to the previous closing price of $2.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.86 and as low as $0.66. In the recent trading on the day, stock has struck highest price mark of $2.1259 while lowest mark touched by it was $2.7199.

Taking a look at 20-day trading activity of Triller Group Inc. (ILLR) gives us an average price of $4.54, while its current price level is -74.04% below from 52-week high level whereas it is 247.96% 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 $4.56 while that of 200 days or SMA-200 reads an average of $3.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.83% during that period while stretching the period over a month that decreases to 21.87%. 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 34.09 which implies that the stock is in neutral territory.

Over the week, ILLR’s stock price is moving -24.84% down while it is -46.98% when we observe its performance for the past one month. Year-to-date it is 129.35% up and over the past year, the stock is showing an upside performance of 145.69%.

Currently, Triller Group Inc.’s total number of outstanding shares is 68.66M. Company’s return on investment (ROI) stands at -1155.80% and return on equity (ROE) at -472.07%. Stock has a price to sale or P/S ratio amounts to 2.84. Its return on asset (ROA) is -49.27% on average.