ATIF Holdings Ltd (ZBAI): Are Investors Missing The Big Picture?

ATIF Holdings Ltd (NASDAQ:ZBAI) does about 171.60K shares in volume on a normal day but saw 29799899 shares change hands in the recent trading day. The company now has a market cap of 23.61M USD. Its current market price is $1.50, marking an increase of 32.16% compared to the previous close of $1.13. The 52 week high reached by this stock is $2.50 whilst the lowest price level in 52 weeks is $0.58.

ATIF Holdings Ltd (ZBAI) has a 20-day trading average at $1.4751 and the current price is -40.00% off the 52-week high compared with 157.20% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.0503 and its 200-day simple moving average is $0.9246. If we look at the stock’s price movements over the week, volatility stands at 28.28%, which decreases to 25.63% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 56.26 to suggest the stock is neutral.

The current price level is 1.68%, 42.82%, and 62.24% away from its SMA20, SMA50, and SMA200 respectively, with the ZBAI price moving below the 50-day SMA on current market day. ATIF Holdings Ltd (ZBAI) stock is up 37.61% over the week and 40.04% over the past month. Its price is 40.04% year-to-date and 26.05% over the past year.

The company has a return on investment of -58.55% and return on equity of -99.23%. The beta has a value of -0.54. Price to book ratio is 3.58 and price to sales ratio is 48.18.