AGBA Group Holding Limited [AGBA] moved up 22.70: Why It’s Important

AGBA Group Holding Limited [NASDAQ: AGBA] traded at a high on Monday, posting a 22.70 gain after which it closed the day’ session at $4.00.

The results of the trading session contributed to over 12838456 shares changing hands. Over the past one week, the price volatility of AGBA Group Holding Limited stands at 28.11% while the volatility over the past one month is 29.35%.

The market cap for AGBA stock reached $297.56 million, with 74.39 million shares outstanding and 74.39 million shares in the current float. Compared to the average trading volume of 11.32M shares, AGBA reached a trading volume of 12838456 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about AGBA Group Holding Limited [AGBA]?

The Average True Range (ATR) for AGBA Group Holding Limited is set at 0.51, with the Price to Sales ratio for AGBA stock in the period of the last 12 months amounting to 5.49. The Price to Book ratio for the last quarter was 33.90, with the Price to Cash per share for the same quarter was set at 0.25.

How has AGBA stock performed recently?

AGBA Group Holding Limited [AGBA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 70.21. With this latest performance, AGBA shares gained by 967.81% in over the last four-week period, additionally plugging by 756.35% over the last 6 months – not to mention a rise of 115.05% 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 AGBA stock in for the last two-week period is set at 82.93, with the RSI for the last a single of trading hit 84.24, and the three-weeks RSI is set at 82.04 for AGBA Group Holding Limited [AGBA]. The present Moving Average for the last 50 days of trading for this stock 0.96, while it was recorded at 3.31 for the last single week of trading, and 0.67 for the last 200 days.

Insider trade positions for AGBA Group Holding Limited [AGBA]

The top three institutional holders of AGBA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in AGBA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in AGBA stock with ownership which is approximately 5.8386%.