Treasure Global Inc [NASDAQ: TGL] jumped around 0.01 points on Wednesday, while shares priced at $0.11 at the close of the session, up 10.26%. The company report on January 10, 2024 at 8:00 AM that Treasure Global’s ZCITY Launches Live Commerce Solution on Meta Platforms.
Taps into Malaysia’s Exponential Growth in e-Commerce, Projected to Reach $20.93 Billion by 2029.
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Treasure Global Inc stock is now 18.05% up from its year-to-date (YTD) trading value. TGL Stock saw the intraday high of $0.1132 and lowest of $0.096 per share. The company’s 52-week high price is 3.18, which means current price is +17.00% above from all time high which was touched on 01/10/24.
Compared to the average trading volume of 2.56M shares, TGL reached a trading volume of 3229196 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Treasure Global Inc [TGL]?
The Average True Range (ATR) for Treasure Global Inc is set at 0.01, with the Price to Sales ratio for TGL stock in the period of the last 12 months amounting to 0.03.
How has TGL stock performed recently?
Treasure Global Inc [TGL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.26. With this latest performance, TGL shares gained by 0.29% in over the last four-week period, additionally sinking by -87.46% over the last 6 months – not to mention a drop of -93.84% 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 TGL stock in for the last two-week period is set at 41.58, with the RSI for the last a single of trading hit 51.24, and the three-weeks RSI is set at 38.75 for Treasure Global Inc [TGL]. The present Moving Average for the last 50 days of trading for this stock 0.1885, while it was recorded at 0.0982 for the last single week of trading, and 0.7343 for the last 200 days.
Treasure Global Inc [TGL]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Treasure Global Inc [TGL] shares currently have an operating margin of -14.75 and a Gross Margin at +0.75. Treasure Global Inc’s Net Margin is presently recorded at -16.90.
Additionally, TGL Total Debt to Total Capital is recorded at 102.66, with Total Debt to Total Assets ending up at 78.90.
Reflecting on the efficiency of the workforce at the company, Treasure Global Inc [TGL] managed to generate an average of -$113,861 per employee. Receivables Turnover for the company is 850.75 with a Total Asset Turnover recorded at a value of 15.29.Treasure Global Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.59 and a Current Ratio set at 0.65.
Insider trade positions for Treasure Global Inc [TGL]
The top three institutional holders of TGL stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in TGL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in TGL stock with ownership which is approximately 5.8325%.
