VCI Global Ltd [NASDAQ: VCIG] stock went on an upward path that rose over 26.25% on Thursday, amounting to a one-week price decrease of less than -4.54%.
Over the last 12 months, VCIG stock dropped by -93.40%.
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The market cap for the stock reached $19.53 million, with 86.04 million shares outstanding and 56.79 million shares in the current float. Compared to the average trading volume of 725.56K shares, VCIG stock reached a trading volume of 5992679 in the most recent trading day, which is why market watchdogs consider the stock to be active.
VCIG Stock Performance Analysis:
VCI Global Ltd [VCIG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.54. With this latest performance, VCIG shares dropped by -55.84% in over the last four-week period, additionally sinking by -82.80% over the last 6 months – not to mention a drop of -93.40% 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 VCIG stock in for the last two-week period is set at 28.79, with the RSI for the last a single of trading hit 32.57, and the three-weeks RSI is set at 28.37 for VCI Global Ltd [VCIG]. The present Moving Average for the last 50 days of trading for this stock 0.4844, while it was recorded at 0.2032 for the last single week of trading, and 1.2987 for the last 200 days.
VCI Global Ltd [VCIG] Institutonal Ownership Details
The top three institutional holders of VCIG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in VCIG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in VCIG stock with ownership which is approximately 5.1238%.
