Spotting A Winner: Treasure Global Inc (NASDAQ: TGL) Retreats -1.27 And It Still Have Room To Run

Treasure Global Inc (NASDAQ:TGL) currently has a daily average trading volume of 14.29M but it saw 4764038 shares traded in last market. With a market cap of 7.59M USD, the company’s current market price of $0.16 came falling about -1.27 while comparing to the previous closing price of $0.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.59 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.15 while lowest mark touched by it was $0.1659.

Taking a look at 20-day trading activity of Treasure Global Inc (TGL) gives us an average price of $0.1935, while its current price level is -98.71% below from 52-week high level whereas it is 8.60% 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 $0.2065 while that of 200 days or SMA-200 reads an average of $1.4520. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.53% during that period while stretching the period over a month that decreases to 16.89%. 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 40.21 which implies that the stock is in neutral territory.

Over the week, TGL’s stock price is moving -7.18% down while it is -17.31% when we observe its performance for the past one month. Year-to-date it is -8.17% down and over the past year, the stock is showing a downside performance of -97.45%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Treasure Global Inc’s total number of outstanding shares is 14.69M with 7.26% of that held by the insiders while 1.16% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -86.08% and return on equity (ROE) at -202.39%. Stock’s beta reads -0.58. Stock has a price to book (P/B) ratio of 0.14 while price to sale or P/S ratio amounts to 0.86. Its return on asset (ROA) is -85.47% on average.