MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 1.68M but it saw 822531 shares traded in last market. With a market cap of 16.97M USD, the company’s current market price of $1.75 came falling about -2.78 while comparing to the previous closing price of $1.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $509.60 and as low as $1.75. In the recent trading on the day, stock has struck highest price mark of $1.69 while lowest mark touched by it was $1.84.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $2.8461, while its current price level is -99.66% below from 52-week high level whereas it is 0.00% 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 $3.8920 while that of 200 days or SMA-200 reads an average of $44.8833. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.56% during that period while stretching the period over a month that increases to 17.36%. 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 28.25 which implies that the stock is in oversold territory.
Over the week, MLGO’s stock price is moving -16.34% down while it is -57.56% when we observe its performance for the past one month. Year-to-date it is -99.05% down and over the past year, the stock is showing a downside performance of -99.47%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 9.97M. Stock’s beta reads 2.89. Stock has a price to book (P/B) ratio of 0.20.
