XChange Tec.Inc. ADR (NASDAQ: XHG) Stock Increased 8.81% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

XChange Tec.Inc. ADR (NASDAQ:XHG) does about 387.55K shares in volume on a normal day but saw 18020092 shares change hands in the recent trading day. The company now has a market cap of 2.52M USD. Its current market price is $2.52, marking an increase of 12.50% compared to the previous close of $2.24. The 52 week high reached by this stock is $1200.00 whilst the lowest price level in 52 weeks is $1.45.

XChange Tec.Inc. ADR (XHG) has a 20-day trading average at $2.36 and the current price is -99.79% off the 52-week high compared with 74.03% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.99 and its 200-day simple moving average is $104.73. If we look at the stock’s price movements over the week, volatility stands at 33.23%, which decreases to 23.15% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 34.47 to suggest the stock is neutral.

The consensus objective for the share price is $53.75, suggesting that the stock has a potential upside of 95.31% over the period.

The current price level is 6.74%, -74.78%, and -97.59% away from its SMA20, SMA50, and SMA200 respectively, with the XHG price moving above the 50-day SMA on current market day. XChange Tec.Inc. ADR (XHG) stock is up 8.81% over the week and -36.52% over the past month. Its price is -85.38% year-to-date and -98.43% over the past year.

To reach the target analysts have set, the stock logically needs to grow 95.31 percent from here.

Outstanding shares total 1.00M with insiders holding 0.00% of the shares and institutional holders owning 0.13% of the company’s common stock. The beta has a value of -0.64.