MicroAlgo Inc (NASDAQ:MLGO) currently has a daily average trading volume of 26.26M but it saw 38932224 shares traded in last market. With a market cap of 48.73M USD, the company’s current market price of $2.44 came falling about -30.68 while comparing to the previous closing price of $3.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $509.60 and as low as $1.11.
Taking a look at 20-day trading activity of MicroAlgo Inc (MLGO) gives us an average price of $8.63, while its current price level is -99.52% below from 52-week high level whereas it is 119.82% 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 $9.12 while that of 200 days or SMA-200 reads an average of $7.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 30.33% during that period while stretching the period over a month that increases to 31.12%. 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 32.41 which implies that the stock is in neutral territory.
Over the week, MLGO’s stock price is moving -54.65% down while it is -88.20% when we observe its performance for the past one month. Year-to-date it is -35.11% down and over the past year, the stock is showing a downside performance of -94.96%.
Currently, MicroAlgo Inc’s total number of outstanding shares is 9.97M with 7.65% of that held by the insiders while 2.92% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.70%. It has a price to earnings ratio (P/E ratio) of 1.47. Stock’s beta reads -0.68. Stock has a price to book (P/B) ratio of 0.22 while price to sale or P/S ratio amounts to 0.65.
