Focus Universal Inc (NASDAQ: FCUV) Trading above Its 20 Day MA ($0.2523), Why Showing An Interesting Price Pattern?

Focus Universal Inc (NASDAQ:FCUV) does about 268.52K shares in volume on a normal day but saw 270827 shares change hands in the recent trading day. The company now has a market cap of 19.27M USD. Its current market price is $0.26, marking an increase of 0.04% compared to the previous close of $0.26. The 52 week high reached by this stock is $1.80 whilst the lowest price level in 52 weeks is $0.15.

Focus Universal Inc (FCUV) has a 20-day trading average at $0.2523 and the current price is -85.33% off the 52-week high compared with 76.07% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2514 and its 200-day simple moving average is $0.2835. If we look at the stock’s price movements over the week, volatility stands at 14.08%, which decreases to 11.26% 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 60.00 to suggest the stock is neutral.

The consensus objective for the share price is $4.50, suggesting that the stock has a potential upside of 94.22% over the period.

The current price level is 4.41%, 4.89%, and -6.88% away from its SMA20, SMA50, and SMA200 respectively, with the FCUV price moving below the 50-day SMA on current market day. Focus Universal Inc (FCUV) stock is up 19.94% over the week and 6.25% over the past month. Its price is -81.01% year-to-date and -81.39% over the past year.

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

To reach the target analysts have set, the stock logically needs to grow 94.22 percent from here.

Outstanding shares total 72.92M with insiders holding 50.85% of the shares and institutional holders owning 4.41% of the company’s common stock. The company has a return on investment of -52.25% and return on equity of -54.95%. Price to book ratio is 3.54 and price to sales ratio is 32.11.