Color Star Technology Co Ltd [ADD] Is Currently 0.47 below its 200 Period Moving Avg: What Does This Mean?

Color Star Technology Co Ltd [NASDAQ: ADD] traded at a high on Tuesday, posting a 0.47 gain after which it closed the day’ session at $2.16.

The results of the trading session contributed to over 6777932 shares changing hands. Over the past one week, the price volatility of Color Star Technology Co Ltd stands at 23.00% while the volatility over the past one month is 19.87%.

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The market cap for ADD stock reached $3.91 million, with 61.46 million shares outstanding and 0.58 million shares in the current float. Compared to the average trading volume of 271.16K shares, ADD reached a trading volume of 6777932 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Color Star Technology Co Ltd [ADD]?

The Average True Range (ATR) for Color Star Technology Co Ltd is set at 1.15, with the Price to Sales ratio for ADD stock in the period of the last 12 months amounting to 1.38. The Price to Book ratio for the last quarter was 6.11, with the Price to Cash per share for the same quarter was set at 0.01.

How has ADD stock performed recently?

Color Star Technology Co Ltd [ADD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 31.54. With this latest performance, ADD shares dropped by -30.75% in over the last four-week period, additionally sinking by -83.58% over the last 6 months – not to mention a drop of -90.82% 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 ADD stock in for the last two-week period is set at 37.04, with the RSI for the last a single of trading hit 22.86, and the three-weeks RSI is set at 31.78 for Color Star Technology Co Ltd [ADD]. The present Moving Average for the last 50 days of trading for this stock 9.40, while it was recorded at 2.28 for the last single week of trading, and 33.73 for the last 200 days.

Color Star Technology Co Ltd [ADD]: Deeper insight into the fundamentals

Color Star Technology Co Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.16 and a Current Ratio set at 1.16.

Insider trade positions for Color Star Technology Co Ltd [ADD]

There are presently around $1.70%, or 1.78%% of ADD stock, in the hands of institutional investors.