Solowin Holdings (NASDAQ: SWIN) Now $1.16 Higher From Its Low (0.55), Does It Still Have A Growth Story?

Solowin Holdings (NASDAQ:SWIN) currently has a daily average trading volume of 133.40K but it saw 265253 shares traded in last market. With a market cap of 27.33M USD, the company’s current market price of $1.71 came rising about 13.25 while comparing to the previous closing price of $1.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $43.60 and as low as $1.16. In the recent trading on the day, stock has struck highest price mark of $1.5 while lowest mark touched by it was $1.86.

Taking a look at 20-day trading activity of Solowin Holdings (SWIN) gives us an average price of $1.5977, while its current price level is -96.08% below from 52-week high level whereas it is 47.41% 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 $1.5114 while that of 200 days or SMA-200 reads an average of $2.2367. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.63% during that period while stretching the period over a month that decreases to 11.36%. 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 57.65 which implies that the stock is in neutral territory.

Over the week, SWIN’s stock price is moving 14.00% up while it is -15.76% when we observe its performance for the past one month. Year-to-date it is 3.64% up and over the past year, the stock is showing a downside performance of -83.17%.

Currently, Solowin Holdings’s total number of outstanding shares is 15.98M. Company’s return on investment (ROI) stands at -193.12% and return on equity (ROE) at -74.48%. Stock’s beta reads -0.35. Stock has a price to book (P/B) ratio of 35.30 while price to sale or P/S ratio amounts to 78.07. Its return on asset (ROA) is -35.66% on average.