Should Investors Trust The Upside Potential In Guardforce AI Co Ltd (GFAI)?

Guardforce AI Co Ltd (NASDAQ:GFAI) currently has a daily average trading volume of 293.78K but it saw 420912 shares traded in last market. With a market cap of 12.48M USD, the company’s current market price of $1.22 came rising about 1.67 while comparing to the previous closing price of $1.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.30 and as low as $1.00. In the recent trading on the day, stock has struck highest price mark of $1.15 while lowest mark touched by it was $1.23.

Taking a look at 20-day trading activity of Guardforce AI Co Ltd (GFAI) gives us an average price of $1.1150, while its current price level is -71.63% below from 52-week high level whereas it is 22.00% 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 $1.1448 while that of 200 days or SMA-200 reads an average of $2.1971. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.16% during that period while stretching the period over a month that decreases to 7.74%. 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 56.82 which implies that the stock is in neutral territory.

Over the week, GFAI’s stock price is moving 11.93% up while it is 7.96% when we observe its performance for the past one month. Year-to-date it is -63.25% down and over the past year, the stock is showing a downside performance of -67.47%.

Currently, Guardforce AI Co Ltd’s total number of outstanding shares is 9.83M. Company’s return on investment (ROI) stands at -70.22% and return on equity (ROE) at -72.31%. Stock has a price to book (P/B) ratio of 0.53 while price to sale or P/S ratio amounts to 0.35. Its return on asset (ROA) is -35.21% on average.