Singularity Future Technology Ltd (NASDAQ:SGLY) currently has a daily average trading volume of 46.78K but it saw 1443975 shares traded in last market. With a market cap of 12.96M USD, the company’s current market price of $3.70 came rising about 2.78 while comparing to the previous closing price of $3.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.65 and as low as $1.27. In the recent trading on the day, stock has struck highest price mark of $3.1 while lowest mark touched by it was $5.49.
Taking a look at 20-day trading activity of Singularity Future Technology Ltd (SGLY) gives us an average price of $2.20, while its current price level is -51.63% below from 52-week high level whereas it is 191.34% 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 $1.88 while that of 200 days or SMA-200 reads an average of $3.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.50% during that period while stretching the period over a month that decreases to 16.13%. 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 85.61 which implies that the stock is in overbought territory.
Over the week, SGLY’s stock price is moving 51.33% up while it is 134.18% when we observe its performance for the past one month. Year-to-date it is 128.40% up and over the past year, the stock is showing a downside performance of -31.35%.
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, Singularity Future Technology Ltd’s total number of outstanding shares is 3.50M with 0.11% of that held by the insiders while 1.52% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -25.17% and return on equity (ROE) at -31.58%. Stock’s beta reads 1.18. Stock has a price to book (P/B) ratio of 0.87 while price to sale or P/S ratio amounts to 4.73. Its return on asset (ROA) is -24.81% on average.
