Arena Group Holdings Inc (AMEX:AREN) currently has a daily average trading volume of 13.61K but it saw 4139917 shares traded in last market. With a market cap of 16.86M USD, the company’s current market price of $0.57 came falling about -5.00 while comparing to the previous closing price of $0.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.74 and as low as $0.58. In the recent trading on the day, stock has struck highest price mark of $0.57 while lowest mark touched by it was $0.6207.
Taking a look at 20-day trading activity of Arena Group Holdings Inc (AREN) gives us an average price of $0.6584, while its current price level is -87.97% below from 52-week high level whereas it is -1.72% 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 $0.7599 while that of 200 days or SMA-200 reads an average of $0.9568. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.48% during that period while stretching the period over a month that decreases to 7.77%. 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 32.01 which implies that the stock is in neutral territory.
Over the week, AREN’s stock price is moving -6.57% down while it is -27.85% when we observe its performance for the past one month. Year-to-date it is -76.05% down and over the past year, the stock is showing a downside performance of -83.48%.
Currently, Arena Group Holdings Inc’s total number of outstanding shares is 23.84M. Stock’s beta reads 0.07. Stock has a price to sale or P/S ratio amounts to 0.09. Its return on asset (ROA) is -23.29% on average.
