Linkage Global Inc (LGCB): Investing In A Time Of Crisis

Linkage Global Inc (NASDAQ:LGCB) currently has a daily average trading volume of 524.28K but it saw 2379339 shares traded in last market. With a market cap of 8.08M USD, the company’s current market price of $0.26 came rising about 2.58 while comparing to the previous closing price of $0.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.70 and as low as $0.17.

Taking a look at 20-day trading activity of Linkage Global Inc (LGCB) gives us an average price of $0.2557, while its current price level is -95.40% below from 52-week high level whereas it is 51.82% 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 $0.3162 while that of 200 days or SMA-200 reads an average of $1.3173. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.05% during that period while stretching the period over a month that decreases to 11.62%. 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 47.46 which implies that the stock is in neutral territory.

Over the week, LGCB’s stock price is moving -3.46% down while it is 4.88% when we observe its performance for the past one month. Year-to-date it is -40.64% down and over the past year, the stock is showing a downside performance of -86.76%.

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

Currently, Linkage Global Inc’s total number of outstanding shares is 30.80M with 45.45% of that held by the insiders while 1.03% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.26% and return on equity (ROE) at -8.42%. Stock’s beta reads -3.74. Stock has a price to book (P/B) ratio of 115.00 while price to sale or P/S ratio amounts to 115.37. Its return on asset (ROA) is -3.82% on average.