Galaxy Payroll Group Ltd (NASDAQ: GLXG): Retirees Don’t Worry About Volatility

Galaxy Payroll Group Ltd (NASDAQ:GLXG) currently has a daily average trading volume of 1.46M but it saw 2370974 shares traded in last market. With a market cap of 21.25M USD, the company’s current market price of $1.18 came falling about -7.09 while comparing to the previous closing price of $1.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.93 and as low as $0.70. In the recent trading on the day, stock has struck highest price mark of $1.07 while lowest mark touched by it was $1.38.

Taking a look at 20-day trading activity of Galaxy Payroll Group Ltd (GLXG) gives us an average price of $0.9325, while its current price level is -93.03% below from 52-week high level whereas it is 68.23% 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 $3.5777. A closer look into the stock’s movement over the week reveals that its volatility is standing at 48.24% during that period while stretching the period over a month that decreases to 20.69%. 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 40.82 which implies that the stock is in neutral territory.

Over the week, GLXG’s stock price is moving 31.11% up while it is 15.69% when we observe its performance for the past one month. Year-to-date it is 19.19% up and over the past year.

Currently, Galaxy Payroll Group Ltd’s total number of outstanding shares is 16.00M. Company’s return on investment (ROI) stands at 70.46% and return on equity (ROE) at 65.07%. It has a price to earnings ratio (P/E ratio) of 218.52. Stock has a price to book (P/B) ratio of 175.60 while price to sale or P/S ratio amounts to 43.37. Its return on asset (ROA) is 19.36% on average.