Ming Shing Group Holdings Ltd (NASDAQ: MSW) Emerges As Guiding Light For Investors

Ming Shing Group Holdings Ltd (NASDAQ:MSW) currently has a daily average trading volume of 172.87K but it saw 95191 shares traded in last market. With a market cap of 65.92M USD, the company’s current market price of $5.17 came rising about 0.98 while comparing to the previous closing price of $5.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.13 and as low as $3.70. In the recent trading on the day, stock has struck highest price mark of $5.0201 while lowest mark touched by it was $5.9.

Taking a look at 20-day trading activity of Ming Shing Group Holdings Ltd (MSW) gives us an average price of $5.55, while its current price level is -36.41% below from 52-week high level whereas it is 39.73% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.66% during that period while stretching the period over a month that decreases to 20.58%. 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 47.03 which implies that the stock is in neutral territory.

Over the week, MSW’s stock price is moving -16.61% down while it is -13.11% when we observe its performance for the past one month. Year-to-date it is -16.61% down and over the past year.

Currently, Ming Shing Group Holdings Ltd’s total number of outstanding shares is 12.75M. Company’s return on investment (ROI) stands at 56.05%. It has a price to earnings ratio (P/E ratio) of 221.89. Stock has a price to book (P/B) ratio of 513.92 while price to sale or P/S ratio amounts to 18.73.