MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 30.68M but it saw 8388949 shares traded in last market. With a market cap of 32.81M USD, the company’s current market price of $0.17 came falling about -3.82 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.00 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.1705 while lowest mark touched by it was $0.1843.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $0.1942, while its current price level is -99.89% below from 52-week high level whereas it is 4.08% 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 $0.2431 while that of 200 days or SMA-200 reads an average of $2.8411. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.83% during that period while stretching the period over a month that decreases to 9.89%. 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 36.84 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving 1.54% up while it is -24.00% when we observe its performance for the past one month. Year-to-date it is -98.12% down and over the past year, the stock is showing a downside performance of -99.54%.
The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, MicroAlgo Inc’s total number of outstanding shares is 199.46M with 1.85% of that held by the insiders while 0.28% of its common stock has been owned by the institutions. Stock’s beta reads 2.81. Stock has a price to book (P/B) ratio of 0.39.
