Prestige Wealth Inc (NASDAQ: PWM) Emerges As Guiding Light For Investors

Prestige Wealth Inc (NASDAQ:PWM) currently has a daily average trading volume of 604.07K but it saw 10436662 shares traded in last market. With a market cap of 8.42M USD, the company’s current market price of $1.54 came rising about 36.28 while comparing to the previous closing price of $1.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.50 and as low as $0.67. In the recent trading on the day, stock has struck highest price mark of $1.23 while lowest mark touched by it was $1.7.

Taking a look at 20-day trading activity of Prestige Wealth Inc (PWM) gives us an average price of $1.3275, while its current price level is -38.40% below from 52-week high level whereas it is 130.57% 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 $1.0916 while that of 200 days or SMA-200 reads an average of $1.0122. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.81% during that period while stretching the period over a month that increases to 22.26%. 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 54.28 which implies that the stock is in neutral territory.

Over the week, PWM’s stock price is moving -3.45% down while it is 30.84% when we observe its performance for the past one month. Year-to-date it is -33.33% down and over the past year, the stock is showing a downside performance of -43.09%.

Currently, Prestige Wealth Inc’s total number of outstanding shares is 9.15M. Stock’s beta reads 3.28.