VCI Global Ltd (NASDAQ: VCIG) Now $0.51 Higher From Its Low (0.01), Does It Still Have A Growth Story?

VCI Global Ltd (NASDAQ:VCIG) currently has a daily average trading volume of 2.55M but it saw 1397247 shares traded in last market. With a market cap of 24.48M USD, the company’s current market price of $0.52 came falling about -7.27 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $68.60 and as low as $0.51. In the recent trading on the day, stock has struck highest price mark of $0.51 while lowest mark touched by it was $0.5753.

Taking a look at 20-day trading activity of VCI Global Ltd (VCIG) gives us an average price of $0.6627, while its current price level is -99.24% below from 52-week high level whereas it is 1.72% 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 $0.8903 while that of 200 days or SMA-200 reads an average of $7.9823. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.88% during that period while stretching the period over a month that increases to 18.66%. 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 34.85 which implies that the stock is in neutral territory.

Over the week, VCIG’s stock price is moving -37.43% down while it is -36.67% when we observe its performance for the past one month. Year-to-date it is -70.49% down and over the past year, the stock is showing a downside performance of -99.10%.

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, VCI Global Ltd’s total number of outstanding shares is 47.14M with 3.11% of that held by the insiders while 0.14% of its common stock has been owned by the institutions. Stock’s beta reads 1.81.