Ming Shing Group Holdings Ltd (NASDAQ:MSW) currently has a daily average trading volume of 301.51K but it saw 912467 shares traded in last market. With a market cap of 106.97M USD, the company’s current market price of $8.39 came rising about 5.53 while comparing to the previous closing price of $7.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.58 and as low as $3.70. In the recent trading on the day, stock has struck highest price mark of $8.0 while lowest mark touched by it was $8.59.
Taking a look at 20-day trading activity of Ming Shing Group Holdings Ltd (MSW) gives us an average price of $6.55, while its current price level is -20.70% below from 52-week high level whereas it is 126.76% 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 8.81% during that period while stretching the period over a month that increases to 23.94%. 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 64.13 which implies that the stock is in neutral territory.
Over the week, MSW’s stock price is moving 4.35% up while it is 63.23% when we observe its performance for the past one month. Year-to-date it is 35.32% up and over the past year.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Ming Shing Group Holdings Ltd’s total number of outstanding shares is 12.75M with 82.85% of that held by the insiders while 0.00% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 56.05%. It has a price to earnings ratio (P/E ratio) of 360.09. Stock has a price to book (P/B) ratio of 834.00 while price to sale or P/S ratio amounts to 30.39.
