MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 24.46M but it saw 7608321 shares traded in last market. With a market cap of 179.51M USD, the company’s current market price of $18.00 came falling about -20.35 while comparing to the previous closing price of $22.60. 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 $17.31 while lowest mark touched by it was $20.88.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $9.05, while its current price level is -96.47% below from 52-week high level whereas it is 1521.62% 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 $5.06 while that of 200 days or SMA-200 reads an average of $24.18. A closer look into the stock’s movement over the week reveals that its volatility is standing at 59.44% during that period while stretching the period over a month that decreases to 47.88%. 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 66.45 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving 51.77% up while it is 333.73% when we observe its performance for the past one month. Year-to-date it is 378.72% up and over the past year, the stock is showing a downside performance of -76.19%.
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, MicroAlgo Inc’s total number of outstanding shares is 9.97M with 18.56% of that held by the insiders while 7.10% of its common stock has been owned by the institutions. Stock’s beta reads -0.82. Stock has a price to book (P/B) ratio of 2.06.
