SAIHEAT Ltd. (NASDAQ: SAIH) Now -33.28% Off Its High ($1.80), Does Analysts See Headwinds And Risks?

SAIHEAT Ltd. (NASDAQ:SAIH) currently has a daily average trading volume of 756.42K but it saw 1572093 shares traded in last market. With a market cap of 29.56M USD, the company’s current market price of $1.20 came rising about 11.11 while comparing to the previous closing price of $1.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.80 and as low as $0.54. In the recent trading on the day, stock has struck highest price mark of $1.1101 while lowest mark touched by it was $1.3.

Taking a look at 20-day trading activity of SAIHEAT Ltd. (SAIH) gives us an average price of $0.8236, while its current price level is -33.28% below from 52-week high level whereas it is 124.26% 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 $0.8029 while that of 200 days or SMA-200 reads an average of $0.9118. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.40% during that period while stretching the period over a month that increases to 28.52%. 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 67.96 which implies that the stock is in neutral territory.

Over the week, SAIH’s stock price is moving 33.67% up while it is 56.25% when we observe its performance for the past one month. Year-to-date it is 0.84% up and over the past year, the stock is showing an upside performance of 14.29%.

Currently, SAIHEAT Ltd.’s total number of outstanding shares is 14.41M. Stock’s beta reads 1.85.