Color Star Technology Co. Ltd. [NASDAQ: CSCW] stock went on an upward path that rose over 3.25% on Tuesday, amounting to a one-week price increase of more than 5.31%. The company report on November 24, 2020 that Diamond Equity Research 2020 Virtual Emerging Growth Invitational.
Diamond Equity Research Emerging Growth Invitational
2020 Virtual Conference.
Over the last 12 months, CSCW stock dropped by -77.23%.
The market cap for the stock reached $28.67 million, with 54.16 million shares outstanding and 40.49 million shares in the current float. Compared to the average trading volume of 3.37M shares, CSCW stock reached a trading volume of 4215775 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Color Star Technology Co. Ltd. [CSCW]:
The Average True Range (ATR) for Color Star Technology Co. Ltd. is set at 0.05 The Price to Book ratio for the last quarter was 0.89, with the Price to Cash per share for the same quarter was set at 0.02.
CSCW Stock Performance Analysis:
Color Star Technology Co. Ltd. [CSCW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.31. With this latest performance, CSCW shares dropped by -16.61% in over the last four-week period, additionally plugging by 18.96% over the last 6 months – not to mention a drop of -77.23% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CSCW stock in for the last two-week period is set at 48.25, with the RSI for the last a single of trading hit 48.16, and the three-weeks RSI is set at 45.84 for Color Star Technology Co. Ltd. [CSCW]. The present Moving Average for the last 50 days of trading for this stock 0.5224, while it was recorded at 0.5076 for the last single week of trading, and 0.7245 for the last 200 days.
Insight into Color Star Technology Co. Ltd. Fundamentals:
Return on Total Capital for CSCW is now -28.38, given the latest momentum, and Return on Invested Capital for the company is -145.36. Return on Equity for this stock declined to -145.36, with Return on Assets sitting at -16.87.
Color Star Technology Co. Ltd.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 6.00.
CSCW Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CSCW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Color Star Technology Co. Ltd. go to 20.00%.
Color Star Technology Co. Ltd. [CSCW] Insider Position Details
There are presently around $0 million, or 0.60% of CSCW stock, in the hands of institutional investors. The top three institutional holders of CSCW stocks are: HRT FINANCIAL LP with ownership of 160,631, which is approximately 317.115% of the company’s market cap and around 23.76% of the total institutional ownership; EXODUSPOINT CAPITAL MANAGEMENT, LP, holding 139,164 shares of the stock with an approximate value of $70000.0 in CSCW stocks shares; and SQUAREPOINT OPS LLC, currently with $6000.0 in CSCW stock with ownership of nearly New of the company’s market capitalization.
Positions in Color Star Technology Co. Ltd. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 5 institutional holders increased their position in Color Star Technology Co. Ltd. [NASDAQ:CSCW] by around 282,939 shares. Additionally, 3 investors decreased positions by around 42,238 shares, while 0 investors held positions by with 698 shares. The mentioned changes placed institutional holdings at 325,875 shares, according to the latest SEC report filing. CSCW stock had 4 new institutional investments in for a total of 160,818 shares, while 2 institutional investors sold positions of 40,791 shares during the same period.