MicroAlgo Inc [NASDAQ: MLGO] traded at a high on Thursday, posting a 62.86 gain after which it closed the day’ session at $2.85.
The results of the trading session contributed to over 10016889 shares changing hands. Over the past one week, the price volatility of MicroAlgo Inc stands at 24.11% while the volatility over the past one month is 20.03%.
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The market cap for MLGO stock reached $28.42 million, with 9.97 million shares outstanding and 9.74 million shares in the current float. Compared to the average trading volume of 1.62M shares, MLGO reached a trading volume of 10016889 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about MicroAlgo Inc [MLGO]?
The Average True Range (ATR) for MicroAlgo Inc is set at 0.54 The Price to Book ratio for the last quarter was 0.33, with the Price to Cash per share for the same quarter was set at 6.69.
How has MLGO stock performed recently?
MicroAlgo Inc [MLGO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 56.59. With this latest performance, MLGO shares dropped by -26.58% in over the last four-week period, additionally sinking by -99.17% over the last 6 months – not to mention a drop of -98.74% 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 MLGO stock in for the last two-week period is set at 48.34, with the RSI for the last a single of trading hit 56.45, and the three-weeks RSI is set at 43.29 for MicroAlgo Inc [MLGO]. The present Moving Average for the last 50 days of trading for this stock 3.8100, while it was recorded at 2.0400 for the last single week of trading, and 44.3200 for the last 200 days.
MicroAlgo Inc [MLGO]: Deeper insight into the fundamentals
MicroAlgo Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.55 and a Current Ratio set at 3.55.
