Reflections On The Past For Investors Today: VCI Global Ltd (NASDAQ: VCIG)

VCI Global Ltd (NASDAQ:VCIG) does about 4.84M shares in volume on a normal day but saw 7089720 shares change hands in the recent trading day. The company now has a market cap of 12.72M USD. Its current market price is $3.18, marking a decrease of -27.56% compared to the previous close of $4.39. The 52 week high reached by this stock is $147.00 whilst the lowest price level in 52 weeks is $1.38.

VCI Global Ltd (VCIG) has a 20-day trading average at $2.25 and the current price is -97.84% off the 52-week high compared with 130.43% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.28 and its 200-day simple moving average is $27.39. If we look at the stock’s price movements over the week, volatility stands at 71.74%, which decreases to 34.28% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.06 to suggest the stock is neutral.

The current price level is 41.60%, -25.72%, and -88.39% away from its SMA20, SMA50, and SMA200 respectively, with the VCIG price moving above the 50-day SMA on current market day. VCI Global Ltd (VCIG) stock is up 61.01% over the week and -19.38% over the past month. Its price is -97.13% year-to-date and -97.58% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 38.03M with insiders holding 14.17% of the shares and institutional holders owning 0.11% of the company’s common stock. The beta has a value of 1.14.