Spotting A Winner: Baijiayun Group Ltd (NASDAQ: RTC) Retreats -7.96 And It Still Have Room To Run

Baijiayun Group Ltd (NASDAQ:RTC) currently has a daily average trading volume of 1.70M but it saw 136281 shares traded in last market. With a market cap of 5.50M USD, the company’s current market price of $0.22 came falling about -7.96 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 $9.69 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.2051 while lowest mark touched by it was $0.2301.

Taking a look at 20-day trading activity of Baijiayun Group Ltd (RTC) gives us an average price of $0.2454, while its current price level is -97.78% below from 52-week high level whereas it is 34.38% 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 $0.3838 while that of 200 days or SMA-200 reads an average of $4.9930. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.14% during that period while stretching the period over a month that increases to 15.20%. 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 31.48 which implies that the stock is in neutral territory.

Over the week, RTC’s stock price is moving 3.37% up while it is -32.83% when we observe its performance for the past one month. Year-to-date it is -94.04% down and over the past year, the stock is showing a downside performance of -95.74%.

The company is expected to be releasing its next quarterly report on 2009-Aug-13, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Baijiayun Group Ltd’s total number of outstanding shares is 25.62M with 72.51% of that held by the insiders while 0.05% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -184.20% and return on equity (ROE) at -110.91%. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 0.16 while price to sale or P/S ratio amounts to 0.10. Its return on asset (ROA) is -54.52% on average.