Signing Day Sports Inc (AMEX: SGN) Now $0.48 Higher From Its Low (0.05), Does It Still Have A Growth Story?

Signing Day Sports Inc (AMEX:SGN) currently has a daily average trading volume of 3.23M but it saw 266739 shares traded in last market. With a market cap of 1.05M USD, the company’s current market price of $0.53 came rising about 5.35 while comparing to the previous closing price of $0.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.70 and as low as $0.48. In the recent trading on the day, stock has struck highest price mark of $0.46 while lowest mark touched by it was $0.54.

Taking a look at 20-day trading activity of Signing Day Sports Inc (SGN) gives us an average price of $0.7274, while its current price level is -98.56% below from 52-week high level whereas it is 9.96% 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 $1.2616 while that of 200 days or SMA-200 reads an average of $6.3982. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.77% during that period while stretching the period over a month that increases to 23.67%. 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 34.44 which implies that the stock is in neutral territory.

Over the week, SGN’s stock price is moving -40.70% down while it is -32.59% when we observe its performance for the past one month. Year-to-date it is -79.93% down and over the past year, the stock is showing a downside performance of -96.14%.

Currently, Signing Day Sports Inc’s total number of outstanding shares is 1.99M. Stock’s beta reads 4.01. Stock has a price to sale or P/S ratio amounts to 1.70. Its return on asset (ROA) is -299.90% on average.