DigiAsia Corp (FAAS): Investing In A Time Of Crisis

DigiAsia Corp (NASDAQ:FAAS) currently has a daily average trading volume of 344.96K but it saw 5071262 shares traded in last market. With a market cap of 16.31M USD, the company’s current market price of $0.27 came rising about 15.98 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.97 and as low as $0.23. In the recent trading on the day, stock has struck highest price mark of $0.232 while lowest mark touched by it was $0.3584.

Taking a look at 20-day trading activity of DigiAsia Corp (FAAS) gives us an average price of $0.3992, while its current price level is -97.93% below from 52-week high level whereas it is 15.98% 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 $0.4936 while that of 200 days or SMA-200 reads an average of $1.5436. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.34% during that period while stretching the period over a month that decreases to 20.06%. 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 32.98 which implies that the stock is in neutral territory.

Over the week, FAAS’s stock price is moving -10.11% down while it is -46.28% when we observe its performance for the past one month. Year-to-date it is -64.19% down and over the past year, the stock is showing a downside performance of -96.72%.

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

Currently, DigiAsia Corp’s total number of outstanding shares is 60.69M with 56.11% of that held by the insiders while 1.11% of its common stock has been owned by the institutions. Stock’s beta reads 0.05.