MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 31.30M but it saw 9436900 shares traded in last market. With a market cap of 3.70M USD, the company’s current market price of $0.21 came falling about -5.29 while comparing to the previous closing price of $0.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.19. In the recent trading on the day, stock has struck highest price mark of $0.21 while lowest mark touched by it was $0.2305.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $0.2945, while its current price level is -99.86% below from 52-week high level whereas it is 11.92% 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 $0.3125 while that of 200 days or SMA-200 reads an average of $3.3808. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.44% during that period while stretching the period over a month that increases to 19.34%. 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 36.21 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -27.12% down while it is -16.10% when we observe its performance for the past one month. Year-to-date it is -97.66% down and over the past year, the stock is showing a downside performance of -99.42%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 17.36M. Stock’s beta reads 2.94. Stock has a price to book (P/B) ratio of 0.49.
