MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 24.30M but it saw 2284374 shares traded in last market. With a market cap of 158.66M USD, the company’s current market price of $15.91 came falling about -12.96 while comparing to the previous closing price of $18.28. 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 $15.5 while lowest mark touched by it was $19.48.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $13.38, while its current price level is -96.88% below from 52-week high level whereas it is 1333.33% 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 $7.07 while that of 200 days or SMA-200 reads an average of $21.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.58% during that period while stretching the period over a month that increases to 50.23%. 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 56.96 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -13.77% down while it is 301.77% when we observe its performance for the past one month. Year-to-date it is 323.14% up and over the past year, the stock is showing a downside performance of -75.22%.
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 -0.66. Stock has a price to book (P/B) ratio of 1.82.
