A Few Bright Spots In VCI Global Ltd (NASDAQ: VCIG)

VCI Global Ltd (NASDAQ:VCIG) currently has a daily average trading volume of 356.53K but it saw 256543875 shares traded in last market. With a market cap of 37.56M USD, the company’s current market price of $4.10 came rising about 129.05 while comparing to the previous closing price of $1.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $179.83 and as low as $1.38. In the recent trading on the day, stock has struck highest price mark of $2.33 while lowest mark touched by it was $7.74.

Taking a look at 20-day trading activity of VCI Global Ltd (VCIG) gives us an average price of $2.21, while its current price level is -97.72% below from 52-week high level whereas it is 197.10% 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 $4.42 while that of 200 days or SMA-200 reads an average of $27.97. A closer look into the stock’s movement over the week reveals that its volatility is standing at 63.00% during that period while stretching the period over a month that decreases to 30.54%. 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 61.21 which implies that the stock is in neutral territory.

Over the week, VCIG’s stock price is moving 119.25% up while it is -11.36% when we observe its performance for the past one month. Year-to-date it is -96.30% down and over the past year, the stock is showing a downside performance of -97.05%.

Currently, VCI Global Ltd’s total number of outstanding shares is 38.03M. Stock’s beta reads 0.16.