More To Go Or Is It Over? – Galaxy Payroll Group Ltd (GLXG)

Galaxy Payroll Group Ltd (NASDAQ:GLXG) does about 600.66K shares in volume on a normal day but saw 1479703 shares change hands in the recent trading day. The company now has a market cap of 228.97M USD. Its current market price is $12.90, marking an increase of 11.11% compared to the previous close of $11.61. The 52 week high reached by this stock is $13.89 whilst the lowest price level in 52 weeks is $3.83.

Galaxy Payroll Group Ltd (GLXG) has a 20-day trading average at $9.35 and the current price is -7.13% off the 52-week high compared with 236.81% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 12.02%, which increases to 15.86% 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 82.88 to suggest the stock is overbought.

The current price level is 38.00%, 63.86%, and 63.86% away from its SMA20, SMA50, and SMA200 respectively, with the GLXG price moving below the 50-day SMA on current market day. Galaxy Payroll Group Ltd (GLXG) stock is up 19.78% over the week and 116.44% over the past month. Its price is 189.89% year-to-date.

Outstanding shares total 17.75M with insiders holding 68.78% of the shares and institutional holders owning 0.00% of the company’s common stock. The company has a return on investment of 241.57% and return on equity of 85.70%. The price to earnings ratio (P/E ratio) amounts to 1816.90. Price to book ratio is 4402.73 and price to sales ratio is 457.95.