Ming Shing Group Holdings Ltd (NASDAQ:MSW) does about 271.64K shares in volume on a normal day but saw 1890200 shares change hands in the recent trading day. The company now has a market cap of 81.09M USD. Its current market price is $6.36, marking a decrease of -25.18% compared to the previous close of $8.50. The 52 week high reached by this stock is $10.58 whilst the lowest price level in 52 weeks is $3.70.
Ming Shing Group Holdings Ltd (MSW) has a 20-day trading average at $8.14 and the current price is -39.89% off the 52-week high compared with 71.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $6.73. If we look at the stock’s price movements over the week, volatility stands at 15.58%, which increases to 15.90% 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 39.22 to suggest the stock is neutral.
The current price level is -21.91%, -5.54%, and -5.22% away from its SMA20, SMA50, and SMA200 respectively, with the MSW price moving above the 50-day SMA on current market day. Ming Shing Group Holdings Ltd (MSW) stock is down -23.00% over the week and 23.02% over the past month. Its price is 2.58% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 12.75M with insiders holding 82.85% of the shares and institutional holders owning 0.00% of the company’s common stock. The company has a return on investment of 56.05%. The price to earnings ratio (P/E ratio) amounts to 272.96. Price to book ratio is 632.21 and price to sales ratio is 23.04.
