Turbo Energy S.A. ADR (NASDAQ: TURB) – Time For Strategy Change?

Turbo Energy S.A. ADR (NASDAQ:TURB) currently has a daily average trading volume of 301.74K but it saw 92139 shares traded in last market. With a market cap of 23.95M USD, the company’s current market price of $2.39 came rising about 11.68 while comparing to the previous closing price of $2.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.15 and as low as $0.86. In the recent trading on the day, stock has struck highest price mark of $2.1045 while lowest mark touched by it was $2.4661.

Taking a look at 20-day trading activity of Turbo Energy S.A. ADR (TURB) gives us an average price of $1.87, while its current price level is -42.41% below from 52-week high level whereas it is 179.53% 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 $1.65 while that of 200 days or SMA-200 reads an average of $1.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.64% during that period while stretching the period over a month that decreases to 12.24%. 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 76.87 which implies that the stock is in overbought territory.

Over the week, TURB’s stock price is moving 10.65% up while it is 57.24% when we observe its performance for the past one month. Year-to-date it is 10.65% up and over the past year, the stock is showing an upside performance of 115.32%.

Currently, Turbo Energy S.A. ADR’s total number of outstanding shares is 10.02M. Company’s return on investment (ROI) stands at -172.79% and return on equity (ROE) at -147.73%. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 9.20 while price to sale or P/S ratio amounts to 2.03. Its return on asset (ROA) is -36.13% on average.