Spotting A Winner: Creative Global Technology Holdings Ltd (NASDAQ: CGTL) Advances 7.46 And It Still Have Room To Run

Creative Global Technology Holdings Ltd (NASDAQ:CGTL) currently has a daily average trading volume of 214.18K but it saw 258994 shares traded in last market. With a market cap of 120.49M USD, the company’s current market price of $5.62 came rising about 7.46 while comparing to the previous closing price of $5.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.59 and as low as $2.80. In the recent trading on the day, stock has struck highest price mark of $5.12 while lowest mark touched by it was $5.62.

Taking a look at 20-day trading activity of Creative Global Technology Holdings Ltd (CGTL) gives us an average price of $4.61, while its current price level is -46.91% below from 52-week high level whereas it is 100.71% 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 $4.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.61% during that period while stretching the period over a month that increases to 14.97%. 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 70.55 which implies that the stock is in overbought territory.

Over the week, CGTL’s stock price is moving 9.55% up while it is 75.62% when we observe its performance for the past one month. Year-to-date it is -29.66% down and over the past year.

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, Creative Global Technology Holdings Ltd’s total number of outstanding shares is 21.44M. Company’s return on investment (ROI) stands at 31.59% and return on equity (ROE) at 37.71%. It has a price to earnings ratio (P/E ratio) of 219.53. Stock has a price to book (P/B) ratio of 69.53 while price to sale or P/S ratio amounts to 26.42. Its return on asset (ROA) is 30.84% on average.