SRIVARU Holding Ltd (NASDAQ: SVMH) Now $0.02 Higher From Its Low (0.04), Does It Still Have A Growth Story?

SRIVARU Holding Ltd (NASDAQ:SVMH) currently has a daily average trading volume of 103.90M but it saw 144417874 shares traded in last market. With a market cap of 32.72M USD, the company’s current market price of $0.06 came falling about -28.93 while comparing to the previous closing price of $0.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.46 and as low as $0.02. In the recent trading on the day, stock has struck highest price mark of $0.056 while lowest mark touched by it was $0.0698.

Taking a look at 20-day trading activity of SRIVARU Holding Ltd (SVMH) gives us an average price of $0.0379, while its current price level is -87.02% below from 52-week high level whereas it is 231.67% 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 $0.0322 while that of 200 days or SMA-200 reads an average of $0.1215. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.27% during that period while stretching the period over a month that decreases to 22.14%. 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 59.56 which implies that the stock is in neutral territory.

Over the week, SVMH’s stock price is moving 41.81% up while it is 103.75% when we observe its performance for the past one month. Year-to-date it is 41.81% up and over the past year, the stock is showing a downside performance of -77.81%.

Currently, SRIVARU Holding Ltd’s total number of outstanding shares is 548.15M. Stock’s beta reads -1.78.