MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 32.54M but it saw 14631711 shares traded in last market. With a market cap of 25.73M USD, the company’s current market price of $0.13 came falling about -4.59 while comparing to the previous closing price of $0.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.48 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.1203 while lowest mark touched by it was $0.149.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $0.1760, while its current price level is -99.49% below from 52-week high level whereas it is -4.44% 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 $0.2296 while that of 200 days or SMA-200 reads an average of $2.4645. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.46% during that period while stretching the period over a month that decreases to 13.92%. 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 33.61 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -26.37% down while it is -35.72% when we observe its performance for the past one month. Year-to-date it is -98.59% down and over the past year, the stock is showing a downside performance of -99.23%.
The company is expected to be releasing its next quarterly report in January, 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 2.79. Stock has a price to book (P/B) ratio of 0.29.
