Ideas And Forecasts On Treasure Global Inc (NASDAQ: TGL)

Treasure Global Inc (NASDAQ:TGL) currently has a daily average trading volume of 14.78M but it saw 1505446 shares traded in last market. With a market cap of 8.71M USD, the company’s current market price of $0.17 came rising about 6.61 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.69 and as low as $0.15.

Taking a look at 20-day trading activity of Treasure Global Inc (TGL) gives us an average price of $0.1730, while its current price level is -98.09% below from 52-week high level whereas it is 10.73% 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 $0.1969 while that of 200 days or SMA-200 reads an average of $1.2884. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.90% during that period while stretching the period over a month that increases to 12.70%. 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 43.90 which implies that the stock is in neutral territory.

Over the week, TGL’s stock price is moving -5.09% down while it is -16.91% when we observe its performance for the past one month. Year-to-date it is -6.37% down and over the past year, the stock is showing a downside performance of -96.02%.

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 32.86M with 34.82% of that held by the insiders while 1.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -22.09% and return on equity (ROE) at -37.33%. Stock’s beta reads -0.55. Stock has a price to book (P/B) ratio of 0.27 while price to sale or P/S ratio amounts to 3.63. Its return on asset (ROA) is -34.52% on average.