MGO Global Inc [NASDAQ: MGOL] traded at a low on Monday, posting a -50.53 loss after which it closed the day’ session at $0.47.
The results of the trading session contributed to over 13876258 shares changing hands. Over the past one week, the price volatility of MGO Global Inc stands at 32.92% while the volatility over the past one month is 11.52%.
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The market cap for MGOL stock reached $0.93 million, with 2.90 million shares outstanding and 1.70 million shares in the current float. Compared to the average trading volume of 62.50K shares, MGOL reached a trading volume of 13876258 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about MGO Global Inc [MGOL]?
The Average True Range (ATR) for MGO Global Inc is set at 0.22, with the Price to Sales ratio for MGOL stock in the period of the last 12 months amounting to 0.22. The Price to Book ratio for the last quarter was 0.46, with the Price to Cash per share for the same quarter was set at 0.73.
How has MGOL stock performed recently?
MGO Global Inc [MGOL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -77.07. With this latest performance, MGOL shares dropped by -80.00% in over the last four-week period, additionally sinking by -92.36% over the last 6 months – not to mention a drop of -89.34% 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 MGOL stock in for the last two-week period is set at 8.18, with the RSI for the last a single of trading hit 3.77, and the three-weeks RSI is set at 14.66 for MGO Global Inc [MGOL]. The present Moving Average for the last 50 days of trading for this stock 2.3120, while it was recorded at 1.2780 for the last single week of trading, and 3.4225 for the last 200 days.
MGO Global Inc [MGOL]: Deeper insight into the fundamentals
MGO Global Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.37 and a Current Ratio set at 14.13.
Insider trade positions for MGO Global Inc [MGOL]
There are presently around $0.13%, or 0.25%% of MGOL stock, in the hands of institutional investors.