Strong Global Entertainment Inc [AMEX: SGE] stock went on an upward path that rose over 132.44% on Monday, amounting to a one-week price increase of more than 119.01%.
The market cap for the stock reached $20.88 million, with 7.88 million shares outstanding and 1.73 million shares in the current float. Compared to the average trading volume of 18.14K shares, SGE stock reached a trading volume of 74748692 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Strong Global Entertainment Inc [SGE]:
The Average True Range (ATR) for Strong Global Entertainment Inc is set at 0.29, with the Price to Sales ratio for SGE stock in the period of the last 12 months amounting to 0.43. The Price to Book ratio for the last quarter was 2.68, with the Price to Cash per share for the same quarter was set at 0.69. Price to Free Cash Flow for SGE in the course of the last twelve months was 15.94 with Quick ratio for the last quarter at 1.08.
SGE Stock Performance Analysis:
Strong Global Entertainment Inc [SGE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 119.01. With this latest performance, SGE shares gained by 84.03% in over the last four-week period, additionally plugging by 36.60% over the last 6 months.
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 SGE stock in for the last two-week period is set at 80.10, with the RSI for the last a single of trading hit 86.31, and the three-weeks RSI is set at 75.09 for Strong Global Entertainment Inc [SGE]. The present Moving Average for the last 50 days of trading for this stock 1.2800, while it was recorded at 1.4500 for the last single week of trading, and 1.6700 for the last 200 days.
Insight into Strong Global Entertainment Inc Fundamentals:
Strong Global Entertainment Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 1.40.
Strong Global Entertainment Inc [SGE] Institutonal Ownership Details
The top three institutional holders of SGE 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 SGE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in SGE stock with ownership which is approximately 5.8386%.
