MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 1.83M but it saw 34286941 shares traded in last market. With a market cap of 34.64M USD, the company’s current market price of $3.76 came falling about -7.62 while comparing to the previous closing price of $4.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $509.60 and as low as $1.66. In the recent trading on the day, stock has struck highest price mark of $3.45 while lowest mark touched by it was $7.6695.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $2.77, while its current price level is -99.26% below from 52-week high level whereas it is 127.11% 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 $3.66 while that of 200 days or SMA-200 reads an average of $42.80. A closer look into the stock’s movement over the week reveals that its volatility is standing at 54.23% during that period while stretching the period over a month that decreases to 27.70%. 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 57.80 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving 108.89% up while it is 8.29% when we observe its performance for the past one month. Year-to-date it is -97.94% down and over the past year, the stock is showing a downside performance of -97.94%.
The company is expected to be releasing its next quarterly report in February, 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 9.97M. Stock’s beta reads 2.74. Stock has a price to book (P/B) ratio of 0.43.
