Baijiayun Group Ltd (NASDAQ: RTC) Emerges As Guiding Light For Investors

Baijiayun Group Ltd (NASDAQ:RTC) currently has a daily average trading volume of 312.96K but it saw 927247 shares traded in last market. With a market cap of 15.60M USD, the company’s current market price of $0.61 came falling about -6.29 while comparing to the previous closing price of $0.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.69 and as low as $0.57. In the recent trading on the day, stock has struck highest price mark of $0.601 while lowest mark touched by it was $0.6869.

Taking a look at 20-day trading activity of Baijiayun Group Ltd (RTC) gives us an average price of $1.1623, while its current price level is -93.72% below from 52-week high level whereas it is 6.84% 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 $3.3873 while that of 200 days or SMA-200 reads an average of $6.0108. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.41% during that period while stretching the period over a month that increases to 23.83%. 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 13.90 which implies that the stock is in oversold territory.

Over the week, RTC’s stock price is moving -9.78% down while it is -71.67% when we observe its performance for the past one month. Year-to-date it is -83.13% down and over the past year, the stock is showing a downside performance of -83.93%.

Currently, Baijiayun Group Ltd’s total number of outstanding shares is 25.62M with 49.05% of that held by the insiders while 0.01% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -317.17% and return on equity (ROE) at -143.58%. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 0.46 while price to sale or P/S ratio amounts to 0.26. Its return on asset (ROA) is -81.65% on average.