Spotting A Winner: Top Wealth Group Holding Ltd (NASDAQ: TWG) Advances 13.61 And It Still Have Room To Run

Top Wealth Group Holding Ltd (NASDAQ:TWG) currently has a daily average trading volume of 1.40M but it saw 3106268 shares traded in last market. With a market cap of 10.24M USD, the company’s current market price of $0.18 came rising about 13.61 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 $13.50 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.1528 while lowest mark touched by it was $0.1849.

Taking a look at 20-day trading activity of Top Wealth Group Holding Ltd (TWG) gives us an average price of $0.1698, while its current price level is -98.65% below from 52-week high level whereas it is 17.18% 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 $0.1948 while that of 200 days or SMA-200 reads an average of $0.9648. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.33% during that period while stretching the period over a month that decreases to 7.21%. 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 51.16 which implies that the stock is in neutral territory.

Over the week, TWG’s stock price is moving 6.09% up while it is -6.35% when we observe its performance for the past one month. Year-to-date it is -33.86% down and over the past year.

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, Top Wealth Group Holding Ltd’s total number of outstanding shares is 27.00M with 69.52% of that held by the insiders while 1.19% of its common stock has been owned by the institutions.