Solidion Technology Inc (NASDAQ:STI) does about 4.84M shares in volume on a normal day but saw 4326141 shares change hands in the recent trading day. The company now has a market cap of 44.96M USD. Its current market price is $0.43, marking a decrease of -10.86% compared to the previous close of $0.48. The 52 week high reached by this stock is $13.85 whilst the lowest price level in 52 weeks is $0.27.
Solidion Technology Inc (STI) has a 20-day trading average at $0.3782 and the current price is -96.90% off the 52-week high compared with 59.22% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3658 and its 200-day simple moving average is $1.4838. If we look at the stock’s price movements over the week, volatility stands at 22.25%, which decreases to 10.38% 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 60.41 to suggest the stock is neutral.
The current price level is 13.67%, 17.54%, and -71.03% away from its SMA20, SMA50, and SMA200 respectively, with the STI price moving below the 50-day SMA on current market day. Solidion Technology Inc (STI) stock is up 18.27% over the week and 17.65% over the past month. Its price is -94.42% year-to-date and -96.04% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2019, with the company’s earnings per share (EPS) of 1.5 above consensus estimates by 0.12. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $2.29B, which analysts say will come at $9.56B for the current fiscal year and next year at $9.5B. In addition, estimates put the company’s current quarterly revenue at an average of $2.37B.
The company has a return on equity of -352.22%. The beta has a value of 0.44.
