MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 15.91M but it saw 1660199 shares traded in last market. With a market cap of 35.60M USD, the company’s current market price of $3.57 came falling about -2.46 while comparing to the previous closing price of $3.66. 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. In the recent trading on the day, stock has struck highest price mark of $3.46 while lowest mark touched by it was $3.75.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $4.09, while its current price level is -99.30% below from 52-week high level whereas it is 221.62% 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 $2.62 while that of 200 days or SMA-200 reads an average of $28.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.43% during that period while stretching the period over a month that increases to 37.96%. 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 51.00 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -9.85% down while it is 178.91% when we observe its performance for the past one month. Year-to-date it is -5.05% down and over the past year, the stock is showing a downside performance of -96.50%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 9.97M. Stock’s beta reads 2.30. Stock has a price to book (P/B) ratio of 0.41.
