Putting The Spotlight On Locafy Limited (LCFY)

Locafy Limited (NASDAQ:LCFY) currently has a daily average trading volume of 23.33K but it saw 72642 shares traded in last market. With a market cap of 12.44M USD, the company’s current market price of $9.05 came rising about 17.84 while comparing to the previous closing price of $7.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.23 and as low as $2.20. In the recent trading on the day, stock has struck highest price mark of $7.64 while lowest mark touched by it was $9.13.

Taking a look at 20-day trading activity of Locafy Limited (LCFY) gives us an average price of $6.96, while its current price level is -19.41% below from 52-week high level whereas it is 311.36% 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 $6.60 while that of 200 days or SMA-200 reads an average of $5.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.43% during that period while stretching the period over a month that decreases to 7.96%. 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 75.39 which implies that the stock is in overbought territory.

Over the week, LCFY’s stock price is moving 31.73% up while it is 34.07% when we observe its performance for the past one month. Year-to-date it is 31.73% up and over the past year, the stock is showing a downside performance of -3.42%.

Currently, Locafy Limited’s total number of outstanding shares is 1.38M. Company’s return on equity (ROE) at -55.90%. Stock’s beta reads 1.46. Stock has a price to book (P/B) ratio of 4.41 while price to sale or P/S ratio amounts to 4.61. Its return on asset (ROA) is -31.90% on average.