Investors Are Waking Up To Solidion Technology Inc (NASDAQ: STI) After Losing -96.79% Over The Past 12 Months

Solidion Technology Inc (NASDAQ:STI) currently has a daily average trading volume of 5.19M but it saw 3060834 shares traded in last market. With a market cap of 41.07M USD, the company’s current market price of $0.35 came falling about -7.89 while comparing to the previous closing price of $0.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.85 and as low as $0.27. In the recent trading on the day, stock has struck highest price mark of $0.3407 while lowest mark touched by it was $0.425.

Taking a look at 20-day trading activity of Solidion Technology Inc (STI) gives us an average price of $0.3794, while its current price level is -97.47% below from 52-week high level whereas it is 29.63% 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 $0.3668 while that of 200 days or SMA-200 reads an average of $1.1495. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.68% during that period while stretching the period over a month that decreases to 15.64%. 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 46.22 which implies that the stock is in neutral territory.

Over the week, STI’s stock price is moving 2.94% up while it is -2.75% when we observe its performance for the past one month. Year-to-date it is -95.45% down and over the past year, the stock is showing a downside performance of -96.79%.

Currently, Solidion Technology Inc’s total number of outstanding shares is 117.34M. Company’s return on equity (ROE) at -352.22%. Stock’s beta reads 0.29. Its return on asset (ROA) is -116.19% on average.