Arena Group Holdings Inc (AMEX:AREN) currently has a daily average trading volume of 59.87K but it saw 347388 shares traded in last market. With a market cap of 127.46M USD, the company’s current market price of $2.68 came falling about -3.25 while comparing to the previous closing price of $2.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.85 and as low as $0.56. In the recent trading on the day, stock has struck highest price mark of $2.41 while lowest mark touched by it was $2.9399.
Taking a look at 20-day trading activity of Arena Group Holdings Inc (AREN) gives us an average price of $1.91, while its current price level is -5.96% below from 52-week high level whereas it is 375.94% 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 $1.67 while that of 200 days or SMA-200 reads an average of $1.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.05% during that period while stretching the period over a month that decreases to 12.27%. 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 76.77 which implies that the stock is in overbought territory.
Over the week, AREN’s stock price is moving 36.04% up while it is 62.42% when we observe its performance for the past one month. Year-to-date it is 100.00% up and over the past year, the stock is showing an upside performance of 273.21%.
The company is expected to be releasing its next quarterly report on 2024-Mar-31, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Arena Group Holdings Inc’s total number of outstanding shares is 47.56M. Stock’s beta reads 0.49. Stock has a price to sale or P/S ratio amounts to 1.01. Its return on asset (ROA) is -4.89% on average.
