Arena Group Holdings Inc (AMEX:AREN) currently has a daily average trading volume of 1.83M but it saw 99144 shares traded in last market. With a market cap of 61.23M USD, the company’s current market price of $1.29 came falling about -5.15 while comparing to the previous closing price of $1.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.35 and as low as $0.56. In the recent trading on the day, stock has struck highest price mark of $1.18 while lowest mark touched by it was $1.372.
Taking a look at 20-day trading activity of Arena Group Holdings Inc (AREN) gives us an average price of $1.4830, while its current price level is -45.11% below from 52-week high level whereas it is 129.09% 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 $1.2648 while that of 200 days or SMA-200 reads an average of $0.9477. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.02% during that period while stretching the period over a month that increases to 12.44%. 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 44.38 which implies that the stock is in neutral territory.
Over the week, AREN’s stock price is moving -3.73% down while it is -20.86% when we observe its performance for the past one month. Year-to-date it is -3.73% down and over the past year, the stock is showing a downside performance of -40.00%.
Currently, Arena Group Holdings Inc’s total number of outstanding shares is 47.45M. Stock’s beta reads 0.48. Stock has a price to sale or P/S ratio amounts to 0.38. Its return on asset (ROA) is -13.36% on average.
