A Few Bright Spots In VCI Global Ltd (NASDAQ: VCIG)

VCI Global Ltd (NASDAQ:VCIG) currently has a daily average trading volume of 11.45M but it saw 20792089 shares traded in last market. With a market cap of 13.19M USD, the company’s current market price of $0.09 came falling about -7.94 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.71 and as low as $0.07. In the recent trading on the day, stock has struck highest price mark of $0.0831 while lowest mark touched by it was $0.09.

Taking a look at 20-day trading activity of VCI Global Ltd (VCIG) gives us an average price of $0.1060, while its current price level is -97.66% below from 52-week high level whereas it is 18.55% 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 $0.1352 while that of 200 days or SMA-200 reads an average of $0.6658. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.15% during that period while stretching the period over a month that decreases to 17.60%. 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 38.04 which implies that the stock is in neutral territory.

Over the week, VCIG’s stock price is moving -11.42% down while it is -46.62% when we observe its performance for the past one month. Year-to-date it is -96.15% down and over the past year, the stock is showing a downside performance of -97.22%.

Currently, VCI Global Ltd’s total number of outstanding shares is 86.04M. Stock’s beta reads 0.48.