Are Analysts Too Bullish On MKDWELL Tech Inc (MKDW)

MKDWELL Tech Inc (NASDAQ:MKDW) currently has a daily average trading volume of 4.70M but it saw 897006 shares traded in last market. With a market cap of 40.21M USD, the company’s current market price of $0.28 came falling about -4.44 while comparing to the previous closing price of $0.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.00 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.26 while lowest mark touched by it was $0.2981.

Taking a look at 20-day trading activity of MKDWELL Tech Inc (MKDW) gives us an average price of $0.2943, while its current price level is -98.25% below from 52-week high level whereas it is 64.71% 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 $0.3718. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.19% during that period while stretching the period over a month that increases to 54.56%. 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 46.17 which implies that the stock is in neutral territory.

Over the week, MKDW’s stock price is moving -1.06% down while it is -5.88% when we observe its performance for the past one month. Year-to-date it is -69.47% down and over the past year, the stock is showing a downside performance of -97.33%.

Company’s return on investment (ROI) stands at 26.40% and return on equity (ROE) at 0.99%. It has a price to earnings ratio (P/E ratio) of 4.84. Stock’s beta reads 0.51. Its return on asset (ROA) is 0.92% on average.