MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 4.00M but it saw 1121462 shares traded in last market. With a market cap of 12.07M USD, the company’s current market price of $1.21 came falling about -5.47 while comparing to the previous closing price of $1.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $509.60 and as low as $1.19.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $1.4730, while its current price level is -99.76% below from 52-week high level whereas it is 1.68% 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 $2.0761 while that of 200 days or SMA-200 reads an average of $32.4818. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.30% during that period while stretching the period over a month that increases to 10.89%. 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 34.48 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -1.63% down while it is -29.24% when we observe its performance for the past one month. Year-to-date it is -67.82% down and over the past year, the stock is showing a downside performance of -99.25%.
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, MicroAlgo Inc’s total number of outstanding shares is 9.97M with 1.85% of that held by the insiders while 7.10% of its common stock has been owned by the institutions. Stock’s beta reads 2.61. Stock has a price to book (P/B) ratio of 0.14.
