Ideas And Forecasts On SRIVARU Holding Ltd (NASDAQ: SVMH)

SRIVARU Holding Ltd (NASDAQ:SVMH) currently has a daily average trading volume of 49.76M but it saw 46856219 shares traded in last market. With a market cap of 15.18M USD, the company’s current market price of $0.03 came rising about 1.09 while comparing to the previous closing price of $0.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.84 and as low as $0.02. In the recent trading on the day, stock has struck highest price mark of $0.026 while lowest mark touched by it was $0.0297.

Taking a look at 20-day trading activity of SRIVARU Holding Ltd (SVMH) gives us an average price of $0.0257, while its current price level is -96.68% below from 52-week high level whereas it is 53.89% 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 $0.0453 while that of 200 days or SMA-200 reads an average of $0.1373. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.06% during that period while stretching the period over a month that increases to 22.05%. 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 43.46 which implies that the stock is in neutral territory.

Over the week, SVMH’s stock price is moving -20.86% down while it is 11.24% when we observe its performance for the past one month. Year-to-date it is -92.26% down and over the past year, the stock is showing a downside performance of -93.24%.

Currently, SRIVARU Holding Ltd’s total number of outstanding shares is 548.15M. Company’s return on equity (ROE) at 0.81%. It has a price to earnings ratio (P/E ratio) of 7.91. Stock’s beta reads -0.55. Its return on asset (ROA) is 0.48% on average.