MGO Global Inc (NASDAQ:MGOL) does about 54.33M shares in volume on a normal day but saw 397107378 shares change hands in the recent trading day. The company now has a market cap of 2.08M USD. Its current market price is $0.72, marking a decrease of -15.08% compared to the previous close of $0.85. The 52 week high reached by this stock is $18.30 whilst the lowest price level in 52 weeks is $0.10.
MGO Global Inc (MGOL) has a 20-day trading average at $0.3783 and the current price is -96.08% off the 52-week high compared with 617.60% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8919 and its 200-day simple moving average is $2.9562. If we look at the stock’s price movements over the week, volatility stands at 51.31%, which decreases to 32.44% 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 55.60 to suggest the stock is neutral.
The current price level is 89.67%, -19.55%, and -75.73% away from its SMA20, SMA50, and SMA200 respectively, with the MGOL price moving above the 50-day SMA on current market day. MGO Global Inc (MGOL) stock is up 72.92% over the week and 17.64% over the past month. Its price is 27.23% year-to-date and -82.41% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 2.90M with insiders holding 24.39% of the shares and institutional holders owning 6.45% of the company’s common stock. The company has a return on investment of -141.11% and return on equity of -260.69%. The beta has a value of 6.27. Price to book ratio is 0.70 and price to sales ratio is 0.49.
