MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 14.60M but it saw 10521439 shares traded in last market. With a market cap of 43.49M USD, the company’s current market price of $4.36 came falling about -4.18 while comparing to the previous closing price of $4.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $509.60 and as low as $1.11.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $2.10, while its current price level is -99.14% below from 52-week high level whereas it is 292.79% 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 $2.18 while that of 200 days or SMA-200 reads an average of $31.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 99.78% during that period while stretching the period over a month that decreases to 31.09%. 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 64.58 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving 260.33% up while it is 138.25% when we observe its performance for the past one month. Year-to-date it is 15.96% up and over the past year, the stock is showing a downside performance of -96.85%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 9.97M. Stock’s beta reads 2.18. Stock has a price to book (P/B) ratio of 0.50.
