Linkage Global Inc (LGCB): Investing In A Time Of Crisis

Linkage Global Inc (NASDAQ:LGCB) currently has a daily average trading volume of 3.49M but it saw 2328244 shares traded in last market. With a market cap of 5.20M USD, the company’s current market price of $0.24 came rising about 12.31 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 $5.70 and as low as $0.19. In the recent trading on the day, stock has struck highest price mark of $0.2071 while lowest mark touched by it was $0.2723.

Taking a look at 20-day trading activity of Linkage Global Inc (LGCB) gives us an average price of $0.2760, while its current price level is -95.76% below from 52-week high level whereas it is 24.25% 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 $0.6453 while that of 200 days or SMA-200 reads an average of $2.1525. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.44% during that period while stretching the period over a month that increases to 17.18%. 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 31.37 which implies that the stock is in neutral territory.

Over the week, LGCB’s stock price is moving -12.55% down while it is -20.73% when we observe its performance for the past one month. Year-to-date it is -84.50% down and over the past year.

Currently, Linkage Global Inc’s total number of outstanding shares is 21.50M. Company’s return on investment (ROI) stands at -2244.25% and return on equity (ROE) at -50.50%. Stock has a price to book (P/B) ratio of 116.81 while price to sale or P/S ratio amounts to 1.39. Its return on asset (ROA) is -21.63% on average.