Should You Sell Top Wealth Group Holding Ltd (TWG) And Go Away This Year?

Top Wealth Group Holding Ltd (NASDAQ:TWG) currently has a daily average trading volume of 9.94M but it saw 2123655 shares traded in last market. With a market cap of 8.02M USD, the company’s current market price of $0.28 came falling about -1.64 while comparing to the previous closing price of $0.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.50 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.26 while lowest mark touched by it was $0.2873.

Taking a look at 20-day trading activity of Top Wealth Group Holding Ltd (TWG) gives us an average price of $0.2393, while its current price level is -97.95% below from 52-week high level whereas it is 62.59% 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 $1.1082. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.81% during that period while stretching the period over a month that decreases to 10.64%. 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 43.30 which implies that the stock is in neutral territory.

Over the week, TWG’s stock price is moving 37.44% up while it is -2.30% when we observe its performance for the past one month. Year-to-date it is -85.75% down and over the past year.

Currently, Top Wealth Group Holding Ltd’s total number of outstanding shares is 27.00M.