MicroAlgo Inc (NASDAQ:MLGO) does about 1.68M shares in volume on a normal day but saw 4512409 shares change hands in the recent trading day. The company now has a market cap of 30.45M USD. Its current market price is $2.95, marking an increase of 3.51% compared to the previous close of $2.85. The 52 week high reached by this stock is $509.60 whilst the lowest price level in 52 weeks is $1.66.
MicroAlgo Inc (MLGO) has a 20-day trading average at $2.79 and the current price is -99.42% off the 52-week high compared with 78.18% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.74 and its 200-day simple moving average is $43.80. If we look at the stock’s price movements over the week, volatility stands at 26.16%, which decreases to 20.82% 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 49.76 to suggest the stock is neutral.
The current price level is 5.84%, -21.17%, and -93.26% away from its SMA20, SMA50, and SMA200 respectively, with the MLGO price moving above the 50-day SMA on current market day. MicroAlgo Inc (MLGO) stock is up 49.75% over the week and -17.04% over the past month. Its price is -98.38% year-to-date and -98.26% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 9.97M with insiders holding 1.85% of the shares and institutional holders owning 0.28% of the company’s common stock. The beta has a value of 2.81. Price to book ratio is 0.34.
