The Week Ahead: Are Investors Really Too Optimistic About Santech Holdings Ltd. ADR (NASDAQ: STEC)

Santech Holdings Ltd. ADR (NASDAQ:STEC) currently has a daily average trading volume of 2.72M but it saw 42165392 shares traded in last market. With a market cap of 48.72M USD, the company’s current market price of $1.74 came rising about 104.71 while comparing to the previous closing price of $0.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.37 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.8498 while lowest mark touched by it was $1.89.

Taking a look at 20-day trading activity of Santech Holdings Ltd. ADR (STEC) gives us an average price of $0.9478, while its current price level is -76.39% below from 52-week high level whereas it is 771.31% 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 $0.6630 while that of 200 days or SMA-200 reads an average of $0.7807. A closer look into the stock’s movement over the week reveals that its volatility is standing at 39.72% during that period while stretching the period over a month that decreases to 29.49%. 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 64.31 which implies that the stock is in neutral territory.

Over the week, STEC’s stock price is moving 58.18% up while it is 344.67% when we observe its performance for the past one month. Year-to-date it is -5.95% down and over the past year, the stock is showing a downside performance of -75.87%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Santech Holdings Ltd. ADR’s total number of outstanding shares is 28.00M. Company’s return on investment (ROI) stands at -673.98% and return on equity (ROE) at -169.04%. Stock’s beta reads -0.01. Stock has a price to book (P/B) ratio of 8.10 while price to sale or P/S ratio amounts to 0.19. Its return on asset (ROA) is -59.31% on average.