Simpple Ltd (SPPL) At $1.10 Offering A Unique Opportunity

Simpple Ltd (NASDAQ:SPPL) currently has a daily average trading volume of 11.02M but it saw 472061 shares traded in last market. With a market cap of 16.78M USD, the company’s current market price of $1.10 came falling about -5.98 while comparing to the previous closing price of $1.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.68 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $1.05 while lowest mark touched by it was $1.14.

Taking a look at 20-day trading activity of Simpple Ltd (SPPL) gives us an average price of $1.0838, while its current price level is -88.64% below from 52-week high level whereas it is 336.51% 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 $0.6505 while that of 200 days or SMA-200 reads an average of $0.9643. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.05% during that period while stretching the period over a month that increases to 41.06%. 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 54.90 which implies that the stock is in neutral territory.

Over the week, SPPL’s stock price is moving -11.29% down while it is 292.16% when we observe its performance for the past one month. Year-to-date it is -81.39% down and over the past year, the stock is showing a downside performance of -85.27%.

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, Simpple Ltd’s total number of outstanding shares is 16.23M with 70.09% of that held by the insiders while 0.16% of its common stock has been owned by the institutions. Stock’s beta reads 7.36.